USDJPY - 28 Jan - break and wait retest - good news USD

٢٨ يناير

USDJPY trend forecast January 28, 2025

Japan’s Economy Minister, Ryosei Akazawa, stated on Tuesday that he “will carefully observe the economic effects of the rate hike.”

Meanwhile, the Bank of Japan (BoJ) revealed plans to inject JPY 200 billion through a direct purchase of commercial paper.

Additionally, the BoJ announced that it would offer US Dollar (USD) funding secured by pooled collateral.

USD economic news is expected to be good for the dollar, USDJPY price has recovered, H1 frame breaks resistance and waits for the next buying force

/// BUY USDJPY : zone 1.54850 - 1.55050

SL: 1.54500

TP: 40 - 70 - 150pips ( 1.56350 )

Safe and profitable trading

٢٨ يناير

تم فتح الصفقة

Wait for the Entry Buy USDJPY - The price is going to Plan Day supporting area