USDJPY Forecast
The price retraced to its support level at 150.780 before ascending, aligning with the projections of a prior analysis.
Currently, a daily candle close above 153.07 would signify stabilization at this level, heralding the onset of a bullish trend with an immediate target of 155.77, thereby positioning the asset within the bullish zone.
Conversely, a reversal and subsequent stabilization below the pivot level of 153.21 would indicate a bearish inclination, targeting a descent to 151.80. Breaching this threshold would be imperative for the continuation of the bearish trajectory, delineating a critical juncture for future price direction.
Pivot line: 153.07
Resistance line: 155.77 & 159.80
Support line: 151.80 & 150.77 & 148.80
The expected trading range is between support 150.77 and Resistance 155.77
Tendency: it looks uptrend
previous idea:
The price retraced to its support level at 150.780 before ascending, aligning with the projections of a prior analysis.
Currently, a daily candle close above 153.07 would signify stabilization at this level, heralding the onset of a bullish trend with an immediate target of 155.77, thereby positioning the asset within the bullish zone.
Conversely, a reversal and subsequent stabilization below the pivot level of 153.21 would indicate a bearish inclination, targeting a descent to 151.80. Breaching this threshold would be imperative for the continuation of the bearish trajectory, delineating a critical juncture for future price direction.
Pivot line: 153.07
Resistance line: 155.77 & 159.80
Support line: 151.80 & 150.77 & 148.80
The expected trading range is between support 150.77 and Resistance 155.77
Tendency: it looks uptrend
previous idea:
Trade attivo:
Commento:
got it and still running to get the target located at 150.770
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h