USDJPY: The Recovery Momentum Remains

От Pukaaa
Hello, fellow USDJPY enthusiasts! Let's take a deep dive into today's exciting analysis of this currency pair.

USDJPY is starting to bounce back after a lengthy downtrend, with a fresh support zone emerging, highlighted by the green area on the chart. Currently, the pair is fluctuating around 145.30, moving sideways as it builds momentum.

But here’s the kicker: combining this setup with Fibonacci analysis, I foresee the market potentially driving USDJPY all the way to the 153.00 mark! Smart buyers should be ready to jump in while this support level holds strong.

What do you think? Let’s hear your thoughts and strategies in the comments!
Chart PatternsForexTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalsTechnical AnalysisTrend AnalysisUSDJPY
Pukaaa
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