whprojectofficial

Potential Upside For USDJPY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY

The pair is testing 154.6 as resistance (based on trend line).
Our projection is this pair will go higher with the possibilities of no rate cut this year, so here's the plan:
  • Buy with 155 and 156 as TP.
  • Set 154.3 as the first SL level, you can adjust the SL level to 153 to avoid a false break.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.