USDJPY: Key Resistance Ahead 🇺🇸🇯🇵
https://www.tradingview.com/x/rUcRNiCv/
This bullish rally on USDJPY is absolutely crazy.
This week, we saw an exceptional growth.
Analyzing the historical price action, I see
2 significant resistances ahead:
160.0 - 160.5 is the resistance based on a price action of 1990th.
164.1 - 164.5 is the resistance based on a price action of 1986th.
I believe that we may see a bearish reaction from one of those structures
and the price will stop growing there.
❤️Please, support my work with like, thank you!❤️
This bullish rally on USDJPY is absolutely crazy.
This week, we saw an exceptional growth.
Analyzing the historical price action, I see
2 significant resistances ahead:
160.0 - 160.5 is the resistance based on a price action of 1990th.
164.1 - 164.5 is the resistance based on a price action of 1986th.
I believe that we may see a bearish reaction from one of those structures
and the price will stop growing there.
❤️Please, support my work with like, thank you!❤️
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