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USD/JPY: Retests Resistance 18/2/2025

The USD/JPY pair experienced mixed movements, ultimately invalidating the previous downward USD/JPY Technical Analysis

The USD/JPY pair started today’s session with an upward trend, supported by the 151.20 level acting as a key support.

Technical Outlook:

  • Bullish Signals:
    • Stability above the simple moving average supports a further rise.
    • RSI is attempting to hold positive momentum above the 50 midline.
    • A move toward 152.60 is possible before any potential bearish reversal.
  • Bearish Scenario:
    • A drop below 151.45 could signal the start of a downward move, targeting 150.75 and 150.25.

Market Risks & Considerations:

  • US President Donald Trump’s speech may lead to high volatility in currency markets.
  • Trade tensions remain a major risk factor, increasing unpredictability.

Risk Warning: The market risk level remains high, and all scenarios are possible.

Disclaimer: Trading in CFDs carries inherent risks. The analysis provided herein is not a recommendation to buy or sell, but rather an interpretation of the current price movement on the chart.

S1: 151.45R1: 152.60
S2: 150.75R2: 153.10
S3: 150.20R3: 153.80

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