USDJPY 4H :Still support further rise
USDJPY
New forecast
The USD/JPY pair is showing quiet positive trading, gradually approaching our first awaited target at 150.00, and the 50 moving average continues to support the price from below, waiting to cross the aforementioned level to achieve additional gains up to 151.00.
Therefore, we will continue to favor the upward trend for the coming period, keeping in mind that breaking 149.24 will stop the expected rise and put pressure on the price to turn lower.
The expect range trading for today it will between resistance line 151.00 and support line 149.24 .
Additionally ,Today News will affect the market .
support line : 149.24 , 148.89
resistance line : 150.00 , 151.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The USD/JPY pair is showing quiet positive trading, gradually approaching our first awaited target at 150.00, and the 50 moving average continues to support the price from below, waiting to cross the aforementioned level to achieve additional gains up to 151.00.
Therefore, we will continue to favor the upward trend for the coming period, keeping in mind that breaking 149.24 will stop the expected rise and put pressure on the price to turn lower.
The expect range trading for today it will between resistance line 151.00 and support line 149.24 .
Additionally ,Today News will affect the market .
support line : 149.24 , 148.89
resistance line : 150.00 , 151.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
