USDJPY: The price is still silent when approaching the 150.00 ar

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Hello dear friends!

Today we are still facing the question: "Can USDJPY reach and surpass the resistance level of 150.00?"

It can be seen that since the last time it broke through the resistance level of 149.000, USDJPY has maintained its strong upward momentum. Although it has not yet broken through the 150.00 resistance level, the price is still holding well and there is no sign of a reversal in the trend of this currency pair, thereby affirming the buying position of investors.

In terms of the chart, a downward correction may still occur when UJ reaches the resistance level of analysis. However, as long as this currency pair maintains a good price above 149.000, the upward momentum will continue to develop.

The issue at hand for us now is only a matter of time. What about you? Do you agree with Karina's opinion?
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Chart PatternsForexTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalTrend AnalysisUSDJPY

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