USDJPY - Tuesday Recovery , BUY zone Fibo

4 hari lalu

PLAN : 18 Feb, 2025

USDJPY News:

🔆The Japanese Yen (JPY) remains under pressure during the early European session on Tuesday, though downside momentum is limited as markets increasingly expect the Bank of Japan (BoJ) to continue raising interest rates. Additionally, the recent decline in the US-Japan yield gap, driven by growing speculation of further rate cuts by the Federal Reserve (Fed), helps cushion losses for the lower-yielding JPY.

Personal opinion:

🔆Short-term buying pressure at support zone helps USDJPY price recover

Analysis:

🔆support fibonaccy H1 frame

Plan:

🔆Price Zone Setup:

👉BUY USDJPY 151.600 – 151.400
❌SL: 151.100 | ✅TP: 151.900 – 152.300 – 152.600

FM wishes you a successful trading day 💰💰💰

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