USDJPY - 7 Mar, support and trendline H1 , entry BUY

3月7日

USDJPY trend forecast March 7, 2025

💬The Japanese Yen (JPY) continues to strengthen against a broadly weaker US Dollar (USD), keeping the USD/JPY pair near its lowest level since early October, reached on Thursday. Ongoing speculation that the Bank of Japan (BoJ) will maintain its path of interest rate hikes has been driving up Japanese government bond (JGB) yields. As a result, the narrowing rate gap between Japan and other economies remains a supportive factor for the lower-yielding JPY.

💬 USDJPY is still in a long-term downtrend, pay attention to the H4 support zone 147.100 and the H1 trendline

🥇/// BUY USDJPY: zone 147.200 - 147.000

SL: 146.700

TP: 40 - 60 - 150pips ( 148.500 )

Safe and profitable trading

3月7日

交易進行

+ 50 pips , signal BUY USDJPY ( 147.100 - 147.000 ) , nice

3月7日

交易結束：目標達成

+ 70 pips, crazy BUY USSDJPY ( 147.200 - 147.000) , nice