Latest USD JPY update today: Price increased again

Let's explore the USDJPY market with Selena!
Yesterday, USDJPY experienced a slight correction, and the price has now dropped to 148.50. However, it has not yet broken out of the upward trend channel. USDJPY continues to maintain a strong upward momentum on larger time frames such as 1D and 1W.

Considering the current market conditions, which favor UJ, Selena predicts that after touching the lower boundary of the descending channel, UJ will rebound and aim to reach the psychological level of 150.00. What are your thoughts on this? Please comment below!

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What do you think about today's market? Comment to let Selena know