USDJPY Stalemate: Uptrend on Hold or Reversal in Sight?
USDJPY is currently locked in a trading range between 149.52 and 150.88, unable to break above the key resistance level. This technical analysis explores the potential implications of this price action, considering both bullish and bearish scenarios. Uptrend on Hold: Consolidation or Stalled Momentum? Potential Downturn: Watching the Support Crack Overall Sentiment: The technical outlook … Continue reading "USDJPY Stalemate: Uptrend on Hold or Reversal in Sight?"
USDJPY is currently locked in a trading range between 149.52 and 150.88, unable to break above the key resistance level. This technical analysis explores the potential implications of this price action, considering both bullish and bearish scenarios. Uptrend on Hold: Consolidation or Stalled Momentum? Potential Downturn: Watching the Support Crack Overall Sentiment: The technical outlook … Continue reading "USDJPY Stalemate: Uptrend on Hold or Reversal in Sight?"
