2024-12-18 18:16
IndustryUSD/JPY: There is a chance it will start rising
The USD/JPY fell yesterday and touched 153 at one point. However, it looks like the USD/JPY trend is starting to have a bullish bias today and may resume the main bullish trend, with a long target on the lookout at 154.95.
However, if it breaks below 152.70, then the USD/JPY may enter a downtrend, at which point the bearish target will look to 151.20.
Today I expect USD/JPY to trade between 153.00 and 154.50.
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USD/JPY: There is a chance it will start rising
Hong Kong | 2024-12-18 18:16
The USD/JPY fell yesterday and touched 153 at one point. However, it looks like the USD/JPY trend is starting to have a bullish bias today and may resume the main bullish trend, with a long target on the lookout at 154.95.
However, if it breaks below 152.70, then the USD/JPY may enter a downtrend, at which point the bearish target will look to 151.20.
Today I expect USD/JPY to trade between 153.00 and 154.50.
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