JPY USD: Trading becomes tenseHello dear friends!
Currently, our trading is becoming hotter than ever before. Last week, we expected the USDJPY pair to break the resistance at 150.000, but it has not been able to do so yet.
This week, the trading session started with the price at 149.927, a number very close to our target. On the 4-hour chart, although the trading has been relatively calm, there have been consistent price increases and UJ is holding onto the upward trend well.
We can see that our Bollinger bands are gradually narrowing. This indicates that if USDJPY surpasses the resistance level of 150.000, it is expected to be a massive breakthrough for this currency pair.
What we need to do now is wait and seize the opportunity. Karina believes that this currency pair will be able to achieve that. Do you agree with Karina?
