Hello everyone !
Today, the USD/JPY pair is maintaining range-bound gains below the mid-147.00s. Strong US economic data has contributed to strengthening the US dollar (USD). Currently, this pair is trading around 147.45 with a slight decrease of 0.02% in today's session.
Looking at the technical picture of USD/JPY on the 4-hour chart, we can see that the pair is maintaining an uptrend. Meaning we'll stick to that script and aim higher. If that happens, it is likely to reach the psychological level of 148.50. Many buyers can be invited to join the market.
Finally, I wish you all the best of luck.
Today, the USD/JPY pair is maintaining range-bound gains below the mid-147.00s. Strong US economic data has contributed to strengthening the US dollar (USD). Currently, this pair is trading around 147.45 with a slight decrease of 0.02% in today's session.
Looking at the technical picture of USD/JPY on the 4-hour chart, we can see that the pair is maintaining an uptrend. Meaning we'll stick to that script and aim higher. If that happens, it is likely to reach the psychological level of 148.50. Many buyers can be invited to join the market.
Finally, I wish you all the best of luck.
