USDJPY New Forecast
The price retraced to its support level at 150.780 before ascending, aligning with the projections of a prior analysis.
Currently, a daily candle close above 151.800 would signify stabilization at this level, heralding the onset of a bullish trend with an immediate target of 153.070, thereby positioning the asset within the bullish zone.
Conversely, a reversal and subsequent stabilization below the support level of 150.770 would indicate a bearish inclination, targeting a descent to 150.080. Breaching this threshold would be imperative for the continuation of the bearish trajectory, delineating a critical juncture for future price direction.
Pivot line: 151.800
Resistance line: 153.07 & 155.77
Support line: 150.07 & 148.80 & 147.63
The expected trading range is between support 150.770 and Resistance 153.07
Tendency: it looks uptrend
previous idea:
The price retraced to its support level at 150.780 before ascending, aligning with the projections of a prior analysis.
Currently, a daily candle close above 151.800 would signify stabilization at this level, heralding the onset of a bullish trend with an immediate target of 153.070, thereby positioning the asset within the bullish zone.
Conversely, a reversal and subsequent stabilization below the support level of 150.770 would indicate a bearish inclination, targeting a descent to 150.080. Breaching this threshold would be imperative for the continuation of the bearish trajectory, delineating a critical juncture for future price direction.
Pivot line: 151.800
Resistance line: 153.07 & 155.77
Support line: 150.07 & 148.80 & 147.63
The expected trading range is between support 150.770 and Resistance 153.07
Tendency: it looks uptrend
previous idea:
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~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
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