InvestMate|USD/JPY Reaching A Resistance Zone💱
💱USD/JPY Reaching A Resistance Zone
💱As I wrote recently about the possibility of the start of an upward movement on USD/JPY:
💱Yes, and we have lived to see the continuation of the uptrend in recent days.
💱The price has returned to the vicinity of 138.
💱The resistance zone and support remain unchanged.
💱Given the trend and the fact that the support zone was tested again.
💱Looking also at the fact that we are above both the 50 and 200 moving averages and that the MACD and RSI are generating pro-growth signals I am not worried about the direction of the trend.
💱The scenario I am playing out remains unchanged, a continuation of the rises to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
💱As I wrote recently about the possibility of the start of an upward movement on USD/JPY:
💱Yes, and we have lived to see the continuation of the uptrend in recent days.
💱The price has returned to the vicinity of 138.
💱The resistance zone and support remain unchanged.
💱Given the trend and the fact that the support zone was tested again.
💱Looking also at the fact that we are above both the 50 and 200 moving averages and that the MACD and RSI are generating pro-growth signals I am not worried about the direction of the trend.
💱The scenario I am playing out remains unchanged, a continuation of the rises to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.