Dow formed on 1D chart, USDJPY continued?
Currently, USDJPY is gradually approaching the 150.00 level after receiving strong support from the 137.30 support level. USD/JPY aims to regain its three-day winning streak, trading around 149.80 in today's trading session. This pair has gained price support due to a series of optimistic economic data from the United States (US).
Looking at the technical picture, on the H4 time frame, USDJPY has formed a DOW pattern, and surpassing the 150.00 level will continue to drive upward momentum for USDJPY.
Looking at the technical picture, on the H4 time frame, USDJPY has formed a DOW pattern, and surpassing the 150.00 level will continue to drive upward momentum for USDJPY.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.