KlejdiCuni

USDJPY Ready to test the next zone

Long
KlejdiCuni Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Ready to test the next zone

After last week's FOMC and NFP data, the USD is showing strength
across the currency board.

This was also supported by a strength in the DXY that managed to rise above 103.80 during Friday's close.

Over the past two weeks, USDJPY tested a zone last seen at the end of November 2023.
A strong resistance is found near the top of the pattern.
A move above that area should push USDJPY further into the 149.50 - 150 price zone.

You may find more details in the chart!
Thank you and Good Luck!

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Trade closed: target reached:
Trade closed: target reached:

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