Hello dear friends, Currently, USD JPY is trading extremely tense as it approaches the 150.000 area. At the time of writing, UJ is trading at 149.897 and still rising.
The question we pose today is whether this currency pair can overcome this strong resistance level or not?
From a personal standpoint, Karina still holds a high possibility that UJ will be able to surpass this resistance level of 150.000. The evidence is that it continues to rise steadily, although not too prominent, but enough to demonstrate the strength of this currency. Additionally, the EMA 34 still maintains its position above the EMA 89, further reinforcing the upward trend.
The issue that remains to be resolved for the question about UJ is only a matter of time. What do you think?