USDJPY : More Upside Ahead?
USDJPY remains firmly in a bullish trend, largely driven by renewed tariff concerns.
The yen weakened sharply after U.S. President Donald Trump reaffirmed plans to impose 25% tariffs on Japanese goods starting August 1st.
Since that announcement, USDJPY has rallied nearly 200 pips before encountering some profit-taking.
Despite the brief pause, the broader trend remains intact, and the pair appears poised for further gains.
Key upside targets to watch:
146.95
147.80
148.40
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY remains firmly in a bullish trend, largely driven by renewed tariff concerns.
The yen weakened sharply after U.S. President Donald Trump reaffirmed plans to impose 25% tariffs on Japanese goods starting August 1st.
Since that announcement, USDJPY has rallied nearly 200 pips before encountering some profit-taking.
Despite the brief pause, the broader trend remains intact, and the pair appears poised for further gains.
Key upside targets to watch:
146.95
147.80
148.40
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDJPY - Target_1 Reached
Note
USDJPY reached 147.52 so far
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.