Hello my friends, today I want to talk to you about USD/JPY
We see how the price moved downward with a local trend.
After the price tested the support zone, it bounced back and broke through the resistance line, which has now become a support.
The price is now trading over the support line, but can go down and retest it.
I expect that the Japanese Yen can test the support line, and then continue grow upwards.
Therefore, I set the target for the Japanese Yen at 140.50
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
We see how the price moved downward with a local trend.
After the price tested the support zone, it bounced back and broke through the resistance line, which has now become a support.
The price is now trading over the support line, but can go down and retest it.
I expect that the Japanese Yen can test the support line, and then continue grow upwards.
Therefore, I set the target for the Japanese Yen at 140.50
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.