USDJPY’s price action suggests continued strength. This analysis examines the technical situation and explores potential scenarios for the currency pair.
USDJPY Maintains Uptrend:
Upside Targets in Focus:
Support Levels to Consider:
Overall Sentiment:The technical outlook for USDJPY remains bullish in the short term. The price action above the trend line and the recent highs reached support the continuation of the uptrend. However, a break below the trend line would suggest a potential reversal, so close monitoring of this level is essential.More By This Author:EURUSD Climbs: Uptrend Resumption Or Bullish Correction?
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