Hello dear friends, Currently, USDJPY is continuing to strengthen its price levels after several days of sideways trading within a narrow range of 149.42 - 148.32.
However, in the long-term perspective, USDJPY may still continue to rise as this currency pair is receiving recovery due to the positive risk sentiment amid the conflict in the Middle East. The resistance level at 150.00 is still considered a high target for the upcoming price increase.
Breaking above the 150.00 level will pave the way for further development in USDJPY towards higher levels.
However, in the long-term perspective, USDJPY may still continue to rise as this currency pair is receiving recovery due to the positive risk sentiment amid the conflict in the Middle East. The resistance level at 150.00 is still considered a high target for the upcoming price increase.
Breaking above the 150.00 level will pave the way for further development in USDJPY towards higher levels.
Comment:
If you find this information helpful and useful, please leave a like and follow to receive the latest updates!
Trade active:
USDJPY is decreasing as forecasts from analysis
Comment:
Trade closed: stop reached
