USDJPY
does not pay attention to the behavior of the American dollar. The focus is on the Japanese yen. The currency is in a strong sell-off and continues to get cheaper, while a beautiful set-up is forming on the chart.
Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its own life and practically does not react to the behavior of the US dollar, which starts the correction from a strong resistance.
The trigger level for the Japanese Yen is 151.94, the break of this resistance will cause the formation of a strong bullish impulse. The structure will break when the support at 151.15 is broken, but not about that for now.
Resistance levels: 151.78, 151.94
Support levels: 151.15, 150.8
Technically and fundamentally, the Japanese Yen is weakening and will continue to weaken despite the change of actions of the central bank of Japan. The currency pair may renew the high in the medium term.
Regards R. Linda!
Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its own life and practically does not react to the behavior of the US dollar, which starts the correction from a strong resistance.
The trigger level for the Japanese Yen is 151.94, the break of this resistance will cause the formation of a strong bullish impulse. The structure will break when the support at 151.15 is broken, but not about that for now.
Resistance levels: 151.78, 151.94
Support levels: 151.15, 150.8
Technically and fundamentally, the Japanese Yen is weakening and will continue to weaken despite the change of actions of the central bank of Japan. The currency pair may renew the high in the medium term.
Regards R. Linda!
Bình luận:
On the back of bullish NFP, the price, after speculation, returns to resistance. It is necessary to follow the price reaction to the level of 151.786
Bình luận:
Maximum readiness :)
Giao dịch đang hoạt động
Giao dịch đang hoạt động:
Oh, that's great. Price is breaking resistance
Giao dịch đang hoạt động:
Realization phase
+90 pips since resistance breakout
Realization phase
Đóng lệnh: đạt mục tiêu:
Interim target 153.0 reached
Giao dịch đang hoạt động:
Closing of the session confirms the fact that growth will continue
Giao dịch đang hoạt động:
A breakdown of 153.25 may continue the price rise
Giao dịch đang hoạt động:
Consolidation and willingness to go above and beyond
Giao dịch đang hoạt động:
The target of 155.0 is almost reached ;)
Giao dịch đang hoạt động:
Overall, the potential remains. The pair still looks very bullish
Bình luận:
Correction amid dollar correction
Giao dịch đang hoạt động:
The price is close to the target of 155.0
Giao dịch đang hoạt động
Giao dịch đang hoạt động:
Bình luận:
Giao dịch đang hoạt động:
Strong compression to resistance with the goal of going even higher
Japanese yen continues to weaken
Japanese yen continues to weaken
Đóng lệnh: đạt mục tiêu:
155.0 reached.
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You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
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The structure will be broken when 151.44 and 151.0 are broken.