USDJPY WANT BULLISH TREND @155.65
📊 USD/JPY Forecast & Level Analysis
The USD/JPY currency pair has exhibited strong bullish momentum following the formation of a double bottom at the key support level of 154.60. This bullish pattern has been confirmed by the emergence of a strong bullish candle, signaling a potential upward trend.
Currently, USD/JPY is trading near 155.50, and all technical indicators point toward a bullish continuation. Traders should watch for price action at critical levels.
Key Levels to Watch:
Resistance Zone: 156.30
Support Zone: 154.65
🎯 Targets:
First Target: 158.00
Second Target: 159.00
📈 Strategy Insight:
Buy on dips near 155.50, with stops below the 154.60 support zone.
Monitor for bullish confirmation candles as USD/JPY approaches resistance at 156.30. A breakout could propel the pair toward the defined targets.
The USD/JPY currency pair has exhibited strong bullish momentum following the formation of a double bottom at the key support level of 154.60. This bullish pattern has been confirmed by the emergence of a strong bullish candle, signaling a potential upward trend.
Currently, USD/JPY is trading near 155.50, and all technical indicators point toward a bullish continuation. Traders should watch for price action at critical levels.
Key Levels to Watch:
Resistance Zone: 156.30
Support Zone: 154.65
🎯 Targets:
First Target: 158.00
Second Target: 159.00
📈 Strategy Insight:
Buy on dips near 155.50, with stops below the 154.60 support zone.
Monitor for bullish confirmation candles as USD/JPY approaches resistance at 156.30. A breakout could propel the pair toward the defined targets.
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𝙱𝚎𝚜𝚝 𝚃𝚛𝚊𝚍𝚎𝚛 - 𝙼𝚊𝚜𝚝𝚎𝚛 𝙾𝚏 𝙼𝚊𝚛𝚔𝚎𝚝
Xauusd 𝚂𝙸𝙶𝙽𝙰𝙻𝚂 -90/95%𝚂𝚄𝙲𝙲𝙴𝚂𝚂 𝚁𝙰𝚃𝙴
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