USD/JPY Forecast. The price faces temporary negative pressure – 18-12-2024

jy-l6The USDJPY price provided negative trades yesterday to approach 153.00 barrier, noticing that the price starts today with bullish bias in attempt to resume the main bullish trend, waiting to visit 154.95 that represents our next main target.

The continuation of the bullish wave depends on the price stability above 152.70, as breaking it represents the key to turn to decline and head to achieve negative targets that reach 151.20 on the near-term basis.

The expected trading range for today is between 153.00 support and 154.50 resistance

Trend forecast: Bullish

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply