USDJPY Analysis of weekend, expected long term
Updated
Hello dear traders, the USDJPY has increased as predicted during yesterday's trading session.
After a strong surge to 149.53, this currency pair has now slightly decreased to 149.24. This pair is considered unsuccessful as it hasn't reached the predicted level of 150.00 yet. It is currently trading at 149.23 USD and is expected to test the support level of 148.00 USD. The downward trend will persist until any positive news can trigger an upward movement for this currency pair.
After a strong surge to 149.53, this currency pair has now slightly decreased to 149.24. This pair is considered unsuccessful as it hasn't reached the predicted level of 150.00 yet. It is currently trading at 149.23 USD and is expected to test the support level of 148.00 USD. The downward trend will persist until any positive news can trigger an upward movement for this currency pair.
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The opening price at the beginning of the week is lowNote
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