USDJPY finally saw a nice break up after ranging between the prices of 144.000 to 145.800 for about 3 weeks.
Friday's CPI and unemployment data release triggered the pairing to push up past 147.000 and I expect the bullish momentum to continue, the dollar is strong.
I have based my analysis on the last time UJ saw these prices in May 1990.
If the price can push past support 148.850 it could open targets 149.060 | 149.660 | 149.950 | 150.350 and resistance price 151.000.
Be sure to like this post and let me know what you think in the comments below.
Friday's CPI and unemployment data release triggered the pairing to push up past 147.000 and I expect the bullish momentum to continue, the dollar is strong.
I have based my analysis on the last time UJ saw these prices in May 1990.
If the price can push past support 148.850 it could open targets 149.060 | 149.660 | 149.950 | 150.350 and resistance price 151.000.
Be sure to like this post and let me know what you think in the comments below.
Trade geschlossen: Ziel wurde erreicht:
150.350 target reached.
150.500-151.000 is resistance range
150.500-151.000 is resistance range
