USDJPY: Breakout Confirmed, Upside Targets in Focus
USDJPY has broken above the important 154.60–154.95 resistance zone, turning this area into a key zone to watch for a potential retest.
After a strong recovery from the 153.00–153.40 support area, price pushed through the important zone and reached around 156.20 before pulling back. This pullback could provide a retest of the breakout area.
As long as USD/JPY holds above the 154.60–154.95 zone, the current structure favors another attempt toward the upside targets:
156.65
157.50
A successful hold above the breakout zone would strengthen the bullish structure.
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
USDJPY has broken above the important 154.60–154.95 resistance zone, turning this area into a key zone to watch for a potential retest.
After a strong recovery from the 153.00–153.40 support area, price pushed through the important zone and reached around 156.20 before pulling back. This pullback could provide a retest of the breakout area.
As long as USD/JPY holds above the 154.60–154.95 zone, the current structure favors another attempt toward the upside targets:
156.65
157.50
A successful hold above the breakout zone would strengthen the bullish structure.
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Trade ativo
Near to the second target:)
Trade fechado: objetivo atingido
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.