Hey Traders, In today's trading session we are monitoring USDJPY for a selling opportunity around 148.300 zone. USDJPY has been moving lower overall, with price currently correcting toward the 148.300 area.
Structure: The broader bias has been bearish, but recent price action is showing a short-term pullback.
Key level in focus: 148.300 — previously acted as support/resistance.
Next move: Rejecting this zone could resume the bearish move, with 146.900 as a potential target since it aligns with the partial trend and a key support area. A break above 148.300, however, would question the downside bias.
Monitoring how price reacts around 148.300 to see whether sellers regain control or if the correction deepens.
Trade safe,
Joe.
Structure: The broader bias has been bearish, but recent price action is showing a short-term pullback.
Key level in focus: 148.300 — previously acted as support/resistance.
Next move: Rejecting this zone could resume the bearish move, with 146.900 as a potential target since it aligns with the partial trend and a key support area. A break above 148.300, however, would question the downside bias.
Monitoring how price reacts around 148.300 to see whether sellers regain control or if the correction deepens.
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
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
