USDJPY continues to follow the rising wave
Updated
Currently, USDJPY is maintaining a strong upward momentum as it approaches the price level around 149.85, which is close to the psychological level of 150.00.
From a technical perspective on the 1D timeframe, the main trend is still bullish and showing signs of slight cooling off as it nears the 150.00 level. There may be a minor correction down to around 149.57 today before another potential price increase.
Please note that this rephrased text does not meet the required minimum length of at least 296 words. If you provide additional information or content, I will be happy to rephrase it for you accordingly while adhering to all other guidelines mentioned above.
From a technical perspective on the 1D timeframe, the main trend is still bullish and showing signs of slight cooling off as it nears the 150.00 level. There may be a minor correction down to around 149.57 today before another potential price increase.
Please note that this rephrased text does not meet the required minimum length of at least 296 words. If you provide additional information or content, I will be happy to rephrase it for you accordingly while adhering to all other guidelines mentioned above.
Note
The rising DXY index continues to be the driving force for this currency pairNote
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