InvestMate|USD/JPY Reaching A Resistance Zone๐ฑ
๐ฑUSD/JPY Reaching A Resistance Zone
๐ฑAs I wrote recently about the possibility of the start of an upward movement on USD/JPY:
๐ฑYes, and we have lived to see the continuation of the uptrend in recent days.
๐ฑThe price has returned to the vicinity of 138.
๐ฑThe resistance zone and support remain unchanged.
๐ฑGiven the trend and the fact that the support zone was tested again.
๐ฑLooking 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.
๐ฑThe 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.
๐If 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.๐
๐ฑAs I wrote recently about the possibility of the start of an upward movement on USD/JPY:
๐ฑYes, and we have lived to see the continuation of the uptrend in recent days.
๐ฑThe price has returned to the vicinity of 138.
๐ฑThe resistance zone and support remain unchanged.
๐ฑGiven the trend and the fact that the support zone was tested again.
๐ฑLooking 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.
๐ฑThe 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.
๐If 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.๐
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๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ t.me/Investmatez ๐ฒ
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