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USDJPY 20.8.2024
General trend: up.
Expected scenario:
The pair is trading above 142.20 – 144.30 yen. It is important to wait until the pair reaches this area and from there we may buy if positive signals appear to target 146.30 yen.
Alternative scenario:
The scenario turns bearish with a break of 142.20 to target 141 yen.
The most important levels
resistance:
146.30 – 147.00
support:
142.20 – 141.00
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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