🎗 USDJPY Setup
🗨Time Frame : 4hrs Chart
(🖇️Direction : Short)
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🗒 Going over my work means something to me We are all here to learn
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Changes in interest rates and monetary policy by the respective central banks, the Federal Reserve (Fed) of the United States and the Bank of Japan (BoJ), can have a significant impact on USD/JPY. A higher interest rate in the US relative to Japan will often strengthen the US dollar and push USD/JPY higher. Conversely, a lower interest rate in the US can have the opposite effect.
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( lower interest rate in the US )
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➖Bearish Break
148.400 Area
Reasons
Major Turn level / D
Visible Range Hvn
Visible Range Lvn
Quarter's Area
Year High Area
➕Bullish Reversal
144.600 Area
Reasons
Major Turn level / D
Visible Range Hvn
Trend line
Liquidity
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🗨Time Frame : 4hrs Chart
(🖇️Direction : Short)
------
🗒 Going over my work means something to me We are all here to learn
------
Changes in interest rates and monetary policy by the respective central banks, the Federal Reserve (Fed) of the United States and the Bank of Japan (BoJ), can have a significant impact on USD/JPY. A higher interest rate in the US relative to Japan will often strengthen the US dollar and push USD/JPY higher. Conversely, a lower interest rate in the US can have the opposite effect.
——————————
( lower interest rate in the US )
——————————
➖Bearish Break
148.400 Area
Reasons
Major Turn level / D
Visible Range Hvn
Visible Range Lvn
Quarter's Area
Year High Area
➕Bullish Reversal
144.600 Area
Reasons
Major Turn level / D
Visible Range Hvn
Trend line
Liquidity
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