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InvestMate|USD/JPY Reaching A Resistance Zone💱
💱USD/JPY Reaching A Resistance Zone
💱As I wrote recently about the possibility of the start of an upward movement on USD/JPY:
💱Yes, and we have lived to see the continuation of the uptrend in recent days.
💱The price has returned to the vicinity of 138.
💱The resistance zone and support remain unchanged.
💱Given the trend and the fact that the support zone was tested again.
💱Looking also at the fact that we are above both the 50 and 200 moving averages and that the MACD and RSI are generating pro-growth signals I am not worried about the direction of the trend.
💱The scenario I am playing out remains unchanged, a continuation of the rises to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
💱As I wrote recently about the possibility of the start of an upward movement on USD/JPY:
💱Yes, and we have lived to see the continuation of the uptrend in recent days.
💱The price has returned to the vicinity of 138.
💱The resistance zone and support remain unchanged.
💱Given the trend and the fact that the support zone was tested again.
💱Looking also at the fact that we are above both the 50 and 200 moving averages and that the MACD and RSI are generating pro-growth signals I am not worried about the direction of the trend.
💱The scenario I am playing out remains unchanged, a continuation of the rises to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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