Good morning traders, today we bring you our long-term analysis on the USD/JPY pair, as we consider that it is at a decisive point.
🔸The price is against a Resistance Zone where every time it is faced it has found some kind of reaction.
🔸At this moment, it is slightly above, so we could consider that it is entering the buying zone.
🔸If this move is confirmed, we could see strong bullish momentum over the next few months.
🔸The target of this movement is the long-term Descending Trendline, since it is before the nearest supply zone.
🔸And, finally, in case the price fails to confirm the rise and heads in a bearish direction, the target is the Ascending Trendline.
🔸The price is against a Resistance Zone where every time it is faced it has found some kind of reaction.
🔸At this moment, it is slightly above, so we could consider that it is entering the buying zone.
🔸If this move is confirmed, we could see strong bullish momentum over the next few months.
🔸The target of this movement is the long-term Descending Trendline, since it is before the nearest supply zone.
🔸And, finally, in case the price fails to confirm the rise and heads in a bearish direction, the target is the Ascending Trendline.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.