Witness the USDJPY buyers in action as Fed's Bullard adopts a more hawkish stance, driving the price higher. In this captivating video, explore the swing areas on both the 4-hour and daily charts that indicate buyer strength. Keep an eye on the key resistance level at 138.74, which marks the high from last week. If the buyers manage to stay above the swing area support, their target becomes the 50% Fibonacci retracement level from the 2022 high to 2023 low, set at 139.574. Join us to analyze these crucial support and target levels and uncover how the buyers aim to maintain control in the market. |
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