USDJPY does not pay attention to the behavior of the American dollar. The focus is on the Japanese yen. The currency is in a strong sell-off and continues to get cheaper, while a beautiful set-up is forming on the chart.Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its own life and practically does not react to the behavior of the US dollar, which starts the correction from a strong resistance.
The trigger level for the Japanese Yen is 151.94, the break of this resistance will cause the formation of a strong bullish impulse. The structure will break when the support at 151.15 is broken, but not about that for now.
Resistance levels: 151.78, 151.94
Support levels: 151.15, 150.8
Technically and fundamentally, the Japanese Yen is weakening and will continue to weaken despite the change of actions of the central bank of Japan. The currency pair may renew the high in the medium term.
Regards R. Linda!
Catatan
The structure of the "price squeezing to resistance" setup is still in place at the moment.
The structure will be broken when 151.44 and 151.0 are broken.
Catatan
On the back of bullish NFP, the price, after speculation, returns to resistance. It is necessary to follow the price reaction to the level of 151.786Catatan
Maximum readiness :)Trade aktif
Trade aktif
Oh, that's great. Price is breaking resistanceTrade aktif
+90 pips since resistance breakout
Realization phase
Trading ditutup: target tercapai
Interim target 153.0 reachedTrade aktif
Closing of the session confirms the fact that growth will continueTrade aktif
A breakdown of 153.25 may continue the price riseTrade aktif
Consolidation and willingness to go above and beyondTrade aktif
The target of 155.0 is almost reached ;)Trade aktif
Overall, the potential remains. The pair still looks very bullishCatatan
Correction amid dollar correction
Trade aktif
The price is close to the target of 155.0Trade aktif
Trade aktif
Catatan
Trade aktif
Strong compression to resistance with the goal of going even higher Japanese yen continues to weaken
Trading ditutup: target tercapai
155.0 reached.
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(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.