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Nolan_Signal

Trading JPY USD is quiet but the price increases steadily

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Nolan_Signal Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY intradaytrade longterm optionsstrategies Forex signal
5
3
trendanalysis chartpattern indicator usdjpy intradaytrade longterm optionsstrategies forex signal
Hello traders!

It seems that USD JPY is still struggling to overcome a strong resistance zone around 150.000. Looking at the 1-hour chart, we can see that UJ has not been able to surpass the 150.00 level.
However, there have been consistent upward movements with continuous price increases and a narrowing range. Any breakout from this range could potentially create an opportunity for further price appreciation in this currency pair, pushing it towards new highs.
Trade active
Trade active:
USDJPY continues to trade within the price range
Comment:
Comment:

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