USD/JPY, Technical Analysis – H4
The pair is approaching a decisive moment. The triangular consolidation range is nearly filled.
The pair is approaching a decisive moment. The triangular consolidation range is nearly filled (though limited room for further range trading still remains), setting the stage for a “spring release” and an impulsive breakout from the triangle in the near term. The key control levels are 161.900 and 162.200. A decisive breakout above or below one of these levels should determine the market’s next directional move.
Key Levels:
□ 161.900
□ 162.200
Primary Scenario:
Consolidation within the 161.900–162.200 range.
Alternative Scenario:
Breakout of the 161.900–162.200 range followed by a strong impulse in the direction of the breakout.
Analyst Commentary:
The probability of a retest after the breakout is very high. Therefore, there is no need to rush into positions.
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.