USDJPY IN SHORT

USDJPY Analysis & Forecast

🔴 Current Market Overview: USDJPY has recently rejected its resistance zone and is now showing potential for selling pressure around the 151.50 level. The market is expected to move toward a technical target of 148.00.

📈 Resistance Zone: 152.62
📉 Support Zone: 150.90

🔍 Forecast:

The price action suggests a bearish outlook, with key levels being closely watched. A break below the support zone at 150.90 could confirm further downward movement towards the 148.00 target.
⚠️ Trade Idea:

Look for potential sell opportunities around 151.50, with stops above 152.62 for risk management.
Stay alert and trade safely!