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USD/JPY trying positively 13/2/2025

The USD/JPY pair experienced mixed movements, ultimately invalidating the previous downward correction as it stabilized above the 153.70 resistance level.

Technical Outlook:

  • Bullish Factors:
    • Price is above the simple moving average, suggesting continued upward momentum.
  • Bearish Signals:
    • Stochastic indicator is in the overbought zone, indicating potential overextension.
  • Key Scenarios:
    1. Bullish Breakout:
      • A confirmed breach of 155.00 could push the pair higher towards 155.30 and 156.30.
    2. Bearish Breakdown:
      • Falling below 152.80 may trigger strong downside pressure, targeting 151.50.

Market Risks & Considerations:

  • High-impact US economic data (Producer Price Index, Weekly Unemployment Claims) may drive significant price volatility.
  • Trade tensions remain a major risk factor, increasing uncertainty.

Risk Warning: The market is highly volatile, and all scenarios remain 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: 152.90R1: 155.30
S2: 151.50R2: 156.30
S3: 150.50R3: 157.70

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