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FX.co ★ Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Tuesday March 11, 2025.

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Forex Analysis:::2025-03-11T06:26:16

Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Tuesday March 11, 2025.

Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Tuesday March 11, 2025.

On the 4-hour chart, the main currency pair USD/JPY appears to have a Divergence between its price movement and the Stochastic Oscillator indicator, so even though the current condition of USD/JPY is still under pressure, in the near future as long as there is no further weakening that causes USD/JPY to break through and close below the 146.50 level, this main currency pair will strengthen to the 148.21 level and if the volatility and momentum of its strengthening support it, USD/JPY has the potential to continue its strengthening to 150.19.

(Disclaimer)

Analyst InstaForex
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