The current prediction suggests that USDJPY is likely to weaken against the USD. This expected decline is influenced by the trend direction pattern and confirmation from candlestick patterns, which indicate a continuation of the downward movement.
The short-term weakening of the USDJPY pair should be carefully monitored. After this short-term decline, the price is expected to strengthen in the future against the USD.
Trade Recommendation
Buy Entry : 158.200
Stop Loss : 157.800
Take Profit (1) : 157.400
Take Profit (2) : 157.400
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
