Usd/JPY Outlook midday – Forex Work


Every day Axes: (S1) 149.26; (P) 150.23; (R1) 150.79; more…

The bias throughout the day within the US greenback/JPY stays on the damaging aspect this present day. Corrective restoration have to be 146.52. It needs to be seen deeper to re -test 146.52 low. The corporate’s break there’ll resume a full lower from 158.86 about 139.57 Subsequent help. At present, Outlook will stay declining so long as 151.23/9 retains the case of restoration.

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Within the largest picture, value actions are seen from 161.94 as an genuine sample of 102.58 (2021 low), with a lower from 158.86 as a 3rd station. A powerful help from 38.2 % from 102.58 to 161.94 at 139.26 needs to be noticed for restoration. Nevertheless, a sustainable break from 139.26 will open a deeper lower within the medium time period to 61.8 % in 125.25.

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2025-03-31 13:55:44

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