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USDJPY !
Today, USDJPY continues to weaken as the U.S. Dollar falls further to the 147.00 level against the Yen, marking nearly a 2% decline over the past four days. The looming U.S. government shutdown and weak U.S. job data have weighed heavily on the Dollar this week, leaving USDJPY struggling to find support.
On the other hand, after recently hitting a new high near the 150.00 zone, USDJPY plunged and returned to its previous consolidation area. As of writing, the pair is trading close to a critical support zone. This level has acted as a strong bounce area for USDJPY multiple times in the past, so we can expect the possibility of a similar rebound soon. However, a decisive break below this level would open up much greater opportunities for the sellers.
Let’s wait and see how USDJPY reacts at this support level—it could be an excellent opportunity for both sides. As for me, I’m looking forward to a potential rebound. What about you? What’s your view on this pair?
USDJPY !Today, USDJPY continues to weaken as the U.S. Dollar falls further to the 147.00 level against the Yen, marking nearly a 2% decline over the past four days. The looming U.S. government shutdown and weak U.S. job data have weighed heavily on the Dollar this week, leaving USDJPY struggling to find support.
On the other hand, after recently hitting a new high near the 150.00 zone, USDJPY plunged and returned to its previous consolidation area. As of writing, the pair is trading close to a critical support zone. This level has acted as a strong bounce area for USDJPY multiple times in the past, so we can expect the possibility of a similar rebound soon. However, a decisive break below this level would open up much greater opportunities for the sellers.
Let’s wait and see how USDJPY reacts at this support level—it could be an excellent opportunity for both sides. As for me, I’m looking forward to a potential rebound. What about you? What’s your view on this pair?
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Related publications
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.