USDJPY - 19 Mar, break and continue the downward trend

USDJPY trend forecast March 19, 2025

💬Bank of Japan (BoJ) Governor Kazuo Ueda outlined the rationale for keeping the key interest rate at 0.50% during the March meeting in his press conference on Wednesday.

Meanwhile, the Japanese Yen continues to weaken against the US Dollar, pushing USD/JPY up by 0.39% on the day, approaching the 150.00 level at the time of writing.

💬 USDJPY breaks H1 trend, tends to retest SELL entry and continues to decrease

🥇/// SELL USDJPY: zone 149.400 - 149.600

SL: 149.900

TP: 40 - 60 - 100pips ( 148.600 )

Safe and profitable trading