USDJPY is holding firmly above the highlighted support zone after breaking out of the triangle pattern. Buyers remain in control, increasing the probability of a continuation toward higher resistance levels.
The overall market structure remains bullish while price trades above support.
Key Levels:
* 🟢 Support: 162.10 – 162.20
* 🔴 1st Resistance: 162.80
* 🔴 2nd Resistance: 163.20
* 📈 Bias: Bullish above support.
Analysis:
As long as price holds above the marked support zone, buyers could push the market toward the first resistance. Continued bullish momentum may extend the move toward the second resistance. A confirmed breakdown below support would invalidate the bullish scenario.
⚠️ Educational purposes only. Always use proper risk management before entering any trade.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/LucasRobert05
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.