USDJPY - Short Term
General Direction: The market trend is currently bullish; however, it appears to be at risk of a downturn.
Uptrend Scenario: If the price stabilizes above 161.134, it is likely to rise towards 161.950. Should it surpass this level, the next target would be the resistance at 163.000.
Downtrend Scenario: Any break below 160.356, as indicated by a 4-hour candle, may lead the price to move towards 159.798.
Key Level: The critical level to watch is 161.134.
Uptrend Scenario: If the price stabilizes above 161.134, it is likely to rise towards 161.950. Should it surpass this level, the next target would be the resistance at 163.000.
Downtrend Scenario: Any break below 160.356, as indicated by a 4-hour candle, may lead the price to move towards 159.798.
Key Level: The critical level to watch is 161.134.
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With Clear entry point and target line with stopout zone
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with best learning
Be Stronger With us
THANKS for your support
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