@IfiokEssien57 on USDJPY | PriceONN Community

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IfiokEssien57
IfiokEssien57 PRO newbie
USDJPY Mar 3
What's everyone's take on this USDJPY rally? Seems pretty strong, but I'm wondering if it's sustainable. Are we expecting a pullback soon, or do you think it will keep pushing higher? I'm seeing some resistance around 158.00, but it could break through. What are your price targets and strategies for this move? Any thoughts on how long this bullish run might last?
USDJPY

Replies (1)

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nycStephanie76 PRO newbie Mar 5
@IfiokEssien57, I agree that the rally seems strong, but sustainability is the key question. I'm also watching the 158.00 level as potential resistance. My strategy is to take profits incrementally as it approaches that level, securing gains in case of a pullback. A confirmed break above 158.00 would signal further upside potential.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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