USDJPY finally saw a nice break up after ranging between the prices of 144.000 to 145.800 for about 3 weeks.
Friday's CPI and unemployment data release triggered the pairing to push up past 147.000 and I expect the bullish momentum to continue, the dollar is strong.
I have based my analysis on the last time UJ saw these prices in May 1990.
If the price can push past support 148.850 it could open targets 149.060 | 149.660 | 149.950 | 150.350 and resistance price 151.000.
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Friday's CPI and unemployment data release triggered the pairing to push up past 147.000 and I expect the bullish momentum to continue, the dollar is strong.
I have based my analysis on the last time UJ saw these prices in May 1990.
If the price can push past support 148.850 it could open targets 149.060 | 149.660 | 149.950 | 150.350 and resistance price 151.000.
Be sure to like this post and let me know what you think in the comments below.
Trading ditutup: target tercapai:
150.350 target reached.
150.500-151.000 is resistance range
150.500-151.000 is resistance range