Technical cheat sheet: USD/JPY at the infamous 150 level
We're diving into USD/JPY in the second instalment of our Technical cheat sheet video series, focusing on the FX pair at the notorious 150 'red line' – a level renowned for its volatile shifts.
We delve into historical events to craft an overview rooted in past technical analyses and fundamental factors. Our discussion spans strategies for both conformists and contrarians across weekly and daily timeframes, highlighting essential levels to watch. This time around, traders are approaching the event with heightened caution compared to their previous encounters.
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