💡The chart shows technical analysis of the USD/JPY currency pair on the daily time frame (D1). If the price remains within the liquidity zone, there may be an opportunity to sell with a target towards support levels (S1 or S2). If the price breaks the liquidity zone to the upside, it may head to the next resistance (R.1).
MACD indicator: It indicates clear upward momentum, which supports the continued rise to resistance areas. However, you should constantly monitor the indicator, especially if the green bars start decreasing or red bars appear, to identify any possible reversal. We wait for the selling momentum to start.
⛔️It is not investment advice for educational purposes only.
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