SroshMayi

USDJPY (It looks to touch the support line...)

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FX:USDJPY   美元 / 日圓
USDJPY New OUTLOOK

The price may touch its support line at 150.770 and then reverse again, indicating an ongoing uptrend as long as it remains above 150.770 and 150.070, with targets at 151.80 and 153.07. However, if it stabilizes below 150.07, it could signal a bearish trend towards 148.80.

Pivot line: 151.700
Resistance line: 153.07 & 155.77
Support line: 150.07 & 148.80 & 147.63

The expected trading range is between support 150.078 and Resistance 153.07

Tendency: Downtrend (correction)

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