USDJPY| BEARISH AHEAD
The price has been struggling below the 153.770 - 152.438 zone, showing signs of weakness as it attempts to break out of the uptrend channel. Despite a few pushes higher, the market has failed to sustain bullish momentum, indicating that sellers are still in control.
A clear breakdown of the channel is anticipated, which could lead the price towards the 149.620 level. This level has previously acted as a strong support area, and if breached, the decline might extend even further.
However, for a bullish outlook to regain strength, the price would need to break and hold above the 153.770 - 152.438 resistance zone. If buyers manage to push through and establish support above this area, we could see renewed upside momentum, potentially reversing the current bearish bias.
Tendency Keys: 153.77-152.42
Resistance Line: 153.77, 152.42
Support Line: 149.620, 148.632
A clear breakdown of the channel is anticipated, which could lead the price towards the 149.620 level. This level has previously acted as a strong support area, and if breached, the decline might extend even further.
However, for a bullish outlook to regain strength, the price would need to break and hold above the 153.770 - 152.438 resistance zone. If buyers manage to push through and establish support above this area, we could see renewed upside momentum, potentially reversing the current bearish bias.
Tendency Keys: 153.77-152.42
Resistance Line: 153.77, 152.42
Support Line: 149.620, 148.632
Trade attivo
The price has declined and broken the channel. We should wait for further bearish confirmation until it reaches 149.620.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.