USDJPY to find motivation around the support level
Dear friends, Today, the USD/JPY pair has risen higher and partially reversed the modest retreat from the psychological level of 150.00 or above the highest level in two weeks. At the time of writing, it is currently trading around 149.88 and becoming increasingly tense as it faces immediate resistance at 149.95.
From my personal perspective, UJ may test the support level once again before gaining strong upward momentum towards 150.00. Breaking through this resistance level will serve as a strong impetus to further propel this currency pair towards higher levels around 150.20 on the upward channel. What are your thoughts on UJ's future?
From my personal perspective, UJ may test the support level once again before gaining strong upward momentum towards 150.00. Breaking through this resistance level will serve as a strong impetus to further propel this currency pair towards higher levels around 150.20 on the upward channel. What are your thoughts on UJ's future?
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