USDJPY: ⬆️ Buy
– USDJPY broke the resistance area
– Likely to rise to resistance level 150.00
USDJPY currency pair continues to rise strongly inside the c-wave, which recently broke the resistance area between the resistance level 146.00 (top of the previous wave a), 50% Fibonacci correction of the downward impulse from March and the resistance trendline of the daily down channel from January.
The breakout of this resistance area accelerated the minor c-wave of the active ABC correction (2) from the end of April.
-p src=/wp-content/themes/fxpro_news_2025/assets/images/etf/820x312_ETF_2_uk_75_eng.png>USDJPY currency pair can be expected to rise to the next resistance level 150.00 (target price for the completion of the active c-wave).
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