Technical Analysis: USD/JPY Stability Amidst Correction Signs
USD/JPY is currently at its highest level in decades, at 155.00. This has traders concerned about the risks of Japan's intervention in the forex market. The strong recovery of the US dollar (USD) is also driving the USD/JPY higher.
From a technical perspective, the market is stable but showing signs of correction. Prices are expected to retreat to the 0.5-0.618 Fibonacci level before resuming their upward trend.
From a technical perspective, the market is stable but showing signs of correction. Prices are expected to retreat to the 0.5-0.618 Fibonacci level before resuming their upward trend.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.