Strategic analysis for the future
Dear valued readers, Ever since the Escape from the Price Channel caused a significant decline in product performance, the price increase has still been well supported. Although it has not yet surpassed the resistance level of 150.00, there are no signs of a reversal in the trend of this currency pair, thus reaffirming the investor's buying position. At the time of writing, UJ is showing clear downward adjustments that may still occur when UJ reaches the analyzed resistance level.
Therefore, we eagerly await the release of Japan's Tokyo Consumer Price Index (CPI) data early on Friday. This will contribute to a clearer market outlook. It is expected that this price increase will reach 150.00 USD, as long as this currency pair maintains a strong price level above 149,000, the upward momentum will continue to develop. What are your thoughts on this matter? Do you agree with me?
Therefore, we eagerly await the release of Japan's Tokyo Consumer Price Index (CPI) data early on Friday. This will contribute to a clearer market outlook. It is expected that this price increase will reach 150.00 USD, as long as this currency pair maintains a strong price level above 149,000, the upward momentum will continue to develop. What are your thoughts on this matter? Do you agree with me?
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