USDJPY within a narrow range
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USDJPY 4H NEW FORECAST
The narrow range dominates the recent trading of the dollar price against the yen, which remains stable near the 155.66 level, maintaining its stability above it.
There is no change in the expected bullish trend scenario in the immediate and short term, which is organized within the ascending channel that appears in the image, remembering that our next target is at 156.42.
On the other hand, it should be noted that breaking 155.66 will stop the expected rise and put pressure on the price to conduct a new bearish correction targeting the 154.90 areas in the near term.
Pivot Line : 155.66
Resistance Line : 156.42 , 157.44 , 158.48
Support Line : 154.90 , 153.86 , 152.84
USDJPY 4H NEW FORECAST
The narrow range dominates the recent trading of the dollar price against the yen, which remains stable near the 155.66 level, maintaining its stability above it.
There is no change in the expected bullish trend scenario in the immediate and short term, which is organized within the ascending channel that appears in the image, remembering that our next target is at 156.42.
On the other hand, it should be noted that breaking 155.66 will stop the expected rise and put pressure on the price to conduct a new bearish correction targeting the 154.90 areas in the near term.
Pivot Line : 155.66
Resistance Line : 156.42 , 157.44 , 158.48
Support Line : 154.90 , 153.86 , 152.84
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