USD/JPY Technical Analysis – H1
USD/JPY remains locked in a shallow upward correction inside the 157.700–158.500 triangle. The accumulation looks bearish and may precede another leg lower toward 157.000, with non-farm payrolls as a potential catalyst.
The pair continues its prolonged, shallow upward correction. This consolidation appears to be fully utilizing the available space within the triangle range of 157.700–158.500 before quotes once again break lower (the accumulation has a distinctly bearish character).
Key Levels:
□ 158.500 (upper boundary of the range)
□ 157.700 (lower boundary of the range)
□ 157.000 (key downside target)
Primary Scenario:
Continuation of the flat within the 157.700–158.500 range.
Alternative Scenario:
Decline toward 157.000.
Analyst Commentary:
A pickup in activity on the chart is possible tomorrow with the release of the non-farm payrolls data.
니콜라이 크리시토포프는 Investizo의 마켓 애널리스트로, 금융시장 업계에서 15년 이상의 경력과 10년이 넘는 트레이딩 경험을 보유하고 있습니다. 그의 주요 관심 분야는 외환 및 암호화폐 시장, 기술적 분석, 데이 트레이딩, 시장 행태입니다.