USD/JPY, Technical Analysis – H1
The upside potential remains intact, although the market often struggles to sustain such intense and rapid trends.
The upside potential remains intact, although the market often struggles to sustain such intense and rapid trends. We expect the bulls to reach the next psychological round level at 162.00 before taking profits, which should bring the pair back to the initial zone around 161.30.
Key Levels:
□ 161.30
□ 162.00
Primary Scenario:
Rise toward 162.00, followed by a corrective pullback to 161.30.
Alternative Scenario:
Breakout and consolidation above 162.00.
Analyst Commentary:
A convenient setup for trading both directions.
Nikolai Krishtopov es analista de mercado en Investizo, con más de 15 años de experiencia en el sector de los mercados financieros y más de una década de experiencia operando. Sus áreas de interés incluyen los mercados de forex y criptomonedas, el análisis técnico, el trading intradía y el comportamiento del mercado.