USD/JPY: Riding a Super Bullish Wave, Awaits Breakout of Previou

16 Mac

The USD/JPY currency pair is currently experiencing an immensely bullish momentum, with its price trajectory indicating a strong upward trend. Market sentiment surrounding the pair is overwhelmingly positive, with traders eagerly anticipating a breakthrough past the previous high. As the USD asserts dominance against the JPY, investors are closely monitoring key resistance levels, poised for a potential surge beyond previous barriers. With indicators pointing towards sustained bullishness, the stage is set for USD/JPY to potentially breach its previous highs, signaling further upward movement in the pair's valuation. Traders are advised to keep a watchful eye on market developments, as a breakout could signify lucrative opportunities for profit-taking and strategic positioning in the forex market.





johntradingwick
TradingView