03:29 pm (GMT +0200)After USDJPY has achieved the forecasted take-profit level at 151.072, the next support levels are seen at 151.040 and 150.977.
Price Action
Thursday, November 16 2023
03:29 pm (GMT +0200)
30 minutes Timeframe
Should the pair manage to exceed the resistance level at 151.293, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
151.072
Target 2
151.040
Target 3
150.977
Target 4
150.898
Entry
151.135
Stop Loss
151.293
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023
03:29 pm (GMT +0200)
30 minutes Timeframe
After USDJPY has achieved the forecasted take-profit level at 151.072, the next support levels are seen at 151.040 and 150.977.
Should the pair manage to exceed the resistance level at 151.293, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
151.072
Target 2
151.040
Target 3
150.977
Target 4
150.898
Entry
151.135
Stop Loss
151.293
Trend Confirmation
Momentum
LWMA
MACD