Hello Friends, Welcome to the technical analysis on USDJPY. I think USDJPY is gonna continue making highs, based on my technical analysis. And this is the right time to get some good number of Pips to the upside. After hitting the previous supply zone(C), which was also confluencing with the resistance line(B), seen a good impulse downside and price got stopped by the Demand Zone. This support zone is very strong, So I think this area can withstand another impact from the bears. Plus, I'm seeing a lot weakness at previous supply level as well. So I think, this time bulls will break the wall and take the price to the upside.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Thank you for your support. Please follow & like if you find this idea useful.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.