Hey Traders, in today's trading session we are monitoring USDJPY for a potential selling opportunity around the 146.700 zone. The pair has been trading in an uptrend, but is currently in a correction phase, approaching this key support/resistance level.
Structure: While the broader bias has been bullish, the correction is bringing price back toward an area of interest.
Key level in focus: 146.700 — a zone where sellers may look to step in if momentum shifts.
Fundamentals: Market sentiment remains sensitive to U.S. data and Fed expectations, which continue to guide short-term USD moves.
Trade safe,
Joe.
Structure: While the broader bias has been bullish, the correction is bringing price back toward an area of interest.
Key level in focus: 146.700 — a zone where sellers may look to step in if momentum shifts.
Fundamentals: Market sentiment remains sensitive to U.S. data and Fed expectations, which continue to guide short-term USD moves.
Trade safe,
Joe.
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Free Telegram Group:
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
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.