Gold-Tech

💱 USDJPY - The rally may continue, but on the condition

Giá lên
FX:USDJPY   Đô la Mỹ / Yên Nhật
The USDJPY is stalling after a strong rally. We should pay attention to the fact that the price is not forming a strong pullback. There is a possibility of a break through the resistance for further strengthening towards 140 and 141

TA on the high timeframe:
1) We see a pullback from 140.918 to 0.236 Fibo, where a triangle-like consolidation begins to form
2) Strong bullish trend does not allow the price to fall and after capturing the liquidity below 139.1 (false-break), the price starts to strengthen

TA on the low timeframe:
1) We see a nice and clear triangle.
2) A consolidation is formed near the level of 139.65. Most likely, the price is preparing to break it.
3) If the price breaks through 139.65, a retest of the wedge resistance will be formed. If the price breaks through the area, we will see continued growth.
4) If there will be a bounce from resistance, but the currency pair will head towards 139.00

Key resistance: 139.65
Key support: 139.33

All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔

FREE TELEGRAM:

🌹 Telegram channel: t.me/Go1dTech

😍 My contact: t.me/GoldTech
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.