Let's explore the market with Selena, shall we?
At the end of the trading session, USDJPY continued to rise above the high level of 149.36. This currency pair received support after optimistic data released by Japan on Friday, which helped strengthen the upward momentum.
On the 1D chart, Dow has formed a pattern aiming for the high level of 152.62.
What are your thoughts on USDJPY in the near future?
Selena wishes you a joyful weekend!
At the end of the trading session, USDJPY continued to rise above the high level of 149.36. This currency pair received support after optimistic data released by Japan on Friday, which helped strengthen the upward momentum.
On the 1D chart, Dow has formed a pattern aiming for the high level of 152.62.
What are your thoughts on USDJPY in the near future?
Selena wishes you a joyful weekend!
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Given the fundamental backdrop, the USD/JPY could test the 150.00 mark, but intervention threats, might refrain buyers from opening fresh long positions.
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good luck everyone <3
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ready transaction
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Updated analysis on 4h chart
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USD/JPY is uninspired by the BoJ operation, keeping 0.29% higher on the day at 149.80.
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