USDJPY 4H : it possible to retest and then rise up
USDJPY
New forecast
The price perfectly fulfills my last idea and reach to our target .
The USD/JPY pair resumed its positive trading to approach our new expected target at 150.00, and is receiving continuous support from the upward channel to enhance the chances of continuing the upward trend in the immediate and short term, noting that crossing the 149.46 level will extend the upward wave to reach the 150.00 and 150.55 areas as the next main stations.
From here, we continue to favor the upward trend during the coming sessions , unless the 148.40 level is broken and holds below it. and also below the 149.46 level it possible to retest to 148.40 and then continue at the bullish trend .
Additionally ,Today News will affect the market .
support line : 148.74 , 147.80
resistance line : 149.46 , 150.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price perfectly fulfills my last idea and reach to our target .
The USD/JPY pair resumed its positive trading to approach our new expected target at 150.00, and is receiving continuous support from the upward channel to enhance the chances of continuing the upward trend in the immediate and short term, noting that crossing the 149.46 level will extend the upward wave to reach the 150.00 and 150.55 areas as the next main stations.
From here, we continue to favor the upward trend during the coming sessions , unless the 148.40 level is broken and holds below it. and also below the 149.46 level it possible to retest to 148.40 and then continue at the bullish trend .
Additionally ,Today News will affect the market .
support line : 148.74 , 147.80
resistance line : 149.46 , 150.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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