USDJPY – waiting for the price at the level (8/8)

09.02.2024

USD/JPY four-hour chart. The currency pair managed to stay above the weekly supertrend line. The price continues the upward movement and updated the local maximum. The price has set a new local maximum and continues the upward movement. We consider the main resistance level of 150.00 (8/8) as the main target. As intraday support we consider the line of the four-hour supertrend.

Recommendations: Buy 149.10 TP 150.00