USDJPY - 10 March, retest trendline H1 and increase

USDJPY trend forecast March 10, 2025

💬Uncertainty surrounding US President Donald Trump's trade policies keeps investors cautious and continues to support Gold prices at the start of the new week. Additionally, concerns persist that Trump's protectionist tariffs could hinder US economic growth, potentially prompting the Federal Reserve to resume its rate-cutting cycle in June.

In a further shift in his tariff stance, Trump stated that the upcoming tariffs on Canada may or may not take effect on Monday or Tuesday. This statement follows the administration’s decision to temporarily suspend the steep 25% tariffs on Canadian and Mexican goods that meet the requirements of the US–Mexico–Canada Agreement for one month.

💬 Short-term recovery trend on H1 frame shows breaktrend and bullish momentum at the beginning of the week

🥇/// BUY USDJPY: zone 147.550 - 147.350

SL: 147.050

TP: 40 - 60 - 100pips ( 148.350 )


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