– USDJPY broke resistance level 144.85
– Likely to rise to resistance level 148.00
USDJPY currency pair recently broke the resistance level 144.85 (previous multi-month high from July, which stopped the previous wave C).
The breakout of the resistance level 144.85 accelerated the C-wave of the active ABC correction (2) from the start of July.
Given the clear daily uptrend, USDJPY can be expected to rise further toward the next resistance level 148.00 (target price for the completion of the active impulse wave C).
Today is Monday, December 15th, and we're going to talk about the Japanese yen, where…
Trump pushes for more Fed rate cuts, while no changes are expected from the ECB…
Crypto market stays near $3T amid correction, ETF inflows rise, sentiment weakens, and volatility expected…
Gold: ⬇️ Sell - Gold reversed from strong resistance level 4350.00 - Likely to fall to…
EURGBP: ⬆️ Buy - EURGBP reversed from support zone - Likely to rise to resistance level…
Filecoin: ⬇️ Sell - Filecoin broke key support level 1.435 - Likely to fall to support…
This website uses cookies