USD/JPY, Technical Analysis – H4
The bullish trend has ignored any potential signs of buyer exhaustion. As a result, the strong advance has continued with impressive momentum.
The bullish trend has ignored any potential signs of buyer exhaustion. As a result, the strong advance has continued with impressive momentum. The key support levels are currently at 162.300 and 162.200, where demand is likely to appear. Only a decisive move below 162.200 would seriously question the upside potential of the uptrend.
Key Levels:
□ 162.200 (critical support)
□ 162.300 (immediate support)
□ 163.00 (next target)
Primary Scenario:
Continuation of the uptrend toward 163.00, potentially preceded by a test of 162.300.
Alternative Scenario:
Deeper retracement to 162.200, followed by a renewed bullish phase.
Analyst Commentary:
The trend is your friend. This pair continues to demonstrate that timeless trading truth in excellent form.
Nikolai Krishtopov ialah Penganalisis Pasaran di Investizo dengan lebih 15 tahun pengalaman dalam industri pasaran kewangan dan lebih sedekad pengalaman berdagang. Bidang tumpuannya merangkumi pasaran forex dan kripto, analisis teknikal, dagangan intraday serta gelagat pasaran.