USD/JPY Analysis – 04.Feb.2024
USD/JPY Analysis : By re-examining the USD/JPY chart, we can see that the price grew to 147,400 based on our expectations, and then faced a heavy fall and was able to fall to 145,900! The efficiency of the previous analysis was 160 pips and the overall efficiency of this analysis has been more than 360 pips so far! Now the price has entered the new supply level (148,450) and I think we will see an initial rejection from this range! The second level of supply is in the range of 149,450!
(This Post on TradingView)
Author : Arman Shaban
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