USD/JPY-TA
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March 25, 2024 8:33 AM UTC
Turned up from the 140.25 low of December has seen choppy gains to approach the critical resistance at the 151.94, 2022 multi-year high.
Consolidation below this seen unwinding the overbought daily and weekly studies though the large ascending triangle pattern from the January 2023 low suggest scope
January 5, 2024 12:54 AM UTC
Asterisk denotes strength of level
00:45 GMT - Extending bullish run-up from the 140.25 low with break above the 144.00 level shift focus to the strong resistance at the 145.00 level. Stretched intraday studies suggest reaction here likely though the positive daily chart suggest scope for further gai
December 19, 2023 6:31 AM UTC
Retest of the 2022 year high at 151.94 has given way to steady losses as prices unwind the overbought weekly studies to reach the 141.00 level.
Reaction here see prices consolidating losses from the November high and see scope to extend correction to the 145.00 level before further losses are expecte