USD/JPY:
The chart shows the movement of USD/JPY in the 30-minute (M30) chart.
The current scenario in which the inclined solid line is approaching the resistance level of £145.81 and could possible intersect with it forms a divergence area where three movements could develop.
First is a rise towards £145.81, then a reversal to £144.92.
Second is moving to the support level of £145.81, a breakdown, then a rush towards £147.30. Lastly is a rebound towards £144.92 without reaching £145.81.
Good luck!
Relevance up to 16:00 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
