@ChristopherWilson on USDJPY | PriceONN Community

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ChristopherWilson PRO newbie
USDJPY Mar 12
I'm noticing that USDJPY is currently testing R2 at 159.206. If it breaks through this level with sufficient volume, we could see a significant move upwards, possibly towards 159.50 or even 160.00. However, failure to break R2 could signal a potential reversal, so it's important to watch the price action closely at this level.
USDJPY

Replies (1)

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ChristopherWilson PRO newbie Mar 12
Also, the Bollinger Bands are widening, indicating increased volatility. A break above the upper band could confirm the upward momentum, but be cautious of a potential fakeout.
EURUSD 1.16126 -0.16%
GBPUSD 1.34299 -0.25%
USDJPY 159.88000 +0.00%
XAUUSD 4,463.71 -0.53%
XAGUSD 73.30 -2.39%
BTCUSD 63,705 -5.75%
SP500 6,572.87 +0.74%
BRENT 99.44 +0.57%
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