USDJPY: Will the rising momentum become strong?

By Pukaaa
Hello everyone, it's Puka here!

After a prolonged period of correction, USDJPY has wrapped up the trading session with a strong recovery, currently trading at 143.85. Across most timeframes, UJ has shown significant gains, signaling a positive outlook for price growth.

With UJ maintaining stability at this high level, there is a possibility that the 142.80 price level will be retested soon, forming a trendline and serving as strong support for future upward movements. The next target price is projected to be 144.00, followed by 147.00.

Stay tuned and make the most of this opportunity!
Chart PatternsForexTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalsTechnical AnalysisTrend AnalysisUSDJPY
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