💡 USDJPY: Analysis May 7

7 May

USDJPY is still continuing to adjust upward as expected, currently the important conversion resistance level around 156 is being approached, this is the price area where we are looking to sell, please pay attention to the signals here as the price approaches, Consider reopening short positions if reliable bearish signals appear, especially on the daily frame.

USDJPY SELL 156.00 - 156.20

TP: 155.50

SL: 156.55