USD/JPY maintains gains around 149.20-25 area
Hello everyone!
At present, the USDJPY is experiencing a positive trajectory, with the price remaining stable at an elevated level of 149.06.
In my perspective, the dominant trend continues to be upward. Nevertheless, there may be a minor adjustment as it approaches the resistance level of 149.74 and subsequently retraces back to its support level of 149.18. It is important to consider this support as a catalyst for further advancement in USDJPY's ascent.
Now I'd like to hear your thoughts! If you found this article helpful, please show your support by liking and commenting below. Your engagement will greatly motivate me moving forward. Thank you!
At present, the USDJPY is experiencing a positive trajectory, with the price remaining stable at an elevated level of 149.06.
In my perspective, the dominant trend continues to be upward. Nevertheless, there may be a minor adjustment as it approaches the resistance level of 149.74 and subsequently retraces back to its support level of 149.18. It is important to consider this support as a catalyst for further advancement in USDJPY's ascent.
Now I'd like to hear your thoughts! If you found this article helpful, please show your support by liking and commenting below. Your engagement will greatly motivate me moving forward. Thank you!
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