USDJPY: ⬆️ Buy
– USDJPY reversed from long-term support level 142.00
– Likely to rise to the resistance level 144.65
USDJPY currency pair recently reversed up from the support zone between the long-term support level 142.00 (which has been reversing the price from the end of 2023), support trendline of the weekly down-channel from January and the lower weekly Bollinger Band.
The upward reversal from this support zone stopped the previous intermediate impulse wave (3) from last month.
-p src=/wp-content/themes/fxpro_news_2025/assets/images/etf/820x312_ETF_1_uk_75_eng.png>Given the strength of the support level 142.00 and the oversold weekly Stochastic, USDJPY currency pair can be expected to rise to the next resistance level 144.65.
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