USD/JPY can break its uptrend under 152.00 [Video] – FXStreet
The potential for a reversal in the USD/JPY uptrend is on the horizon as the currency pair approaches the critical level of 152.00. In a recent video analysis, experts have pointed out the possibility of a break in the current upward trajectory of the USD/JPY pair.
If the pair fails to hold above the 152.00 level, it could signal a shift in market sentiment towards the Japanese yen, potentially leading to a downtrend in the currency pair. Traders are advised to keep a close eye on the price action around this key level to determine the future direction of the USD/JPY pair.
Overall, the USD/JPY pair is at a crucial juncture and traders should exercise caution and closely monitor market developments to capitalize on potential trading opportunities.