Karina_Bella

USDJPY : Disadvantages during recovery

Karina_Bella Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Hello wonderful friends. Today USDJPY encountered some disadvantages during the recovery process.

Accordingly, the upward trend of this currency pair is greatly affected by the news announced yesterday. The price of USDJPY is currently fluctuating around 144,800 USD and has broken out of the support level of 145,300.

It is expected that the decrease will continue today and in the coming days. We prioritize SELL with the main profit target set at 144,400 and beyond if favorable, it will be 143,700.

Wishing you effective trading!
Trade active
Comment:
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.