USDJPY - "Price Correction Before Uptrend to 162.00"

28 ביוני

The price reached our target and then reversed to begin its correction. Currently, the price is in the process of correcting towards 160.34. After this correction, it is expected to resume its uptrend toward the previous high resistance level of 161.13. If the price can stabilize above this level, it may reach 162.00. However, it is important to exercise caution, as any break below the 160.34 level could trigger a more pronounced bearish trend, potentially driving the price down to 159.79.

1 ביולי

עסקה סגורה: היעד הושג

According to our analyses, the direction remains active, with the price crossing the resistance level of 161.134 and currently trading above it. As long as it continues to trade above this level, the price is supported to become more bullish, aiming for the next target of 162.200.

Be cautious of any retests.