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 ❤️
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
✅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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
