👉USDJPY Outlook!
On the H4, USDJPY reversed after a significant drop, but the price failed to consolidate above the 145.00 level, corresponding to the 38.2 Fibonacci level. Two scenarios are possible at the moment:
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🔼 If the price breaks above the level of 145.00 again, it will reach the resistance of 146.300
đź”˝ However, if USDJPY bounces off the resistance, it will rally to the support at 143.350
What do you think the USDJPY is bullish or bearish today? Share your opinion in the comments👇
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Angela Anayo Nzeh
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