USD JPY forex forecast today

  • Dec 21 2022
  • by
  • Analyst AZA
USD JPY forex forecast today

USD JPY forex forecast today

The Japanese yen is still strong after yesterday's forex news. The downtrend for this forex currency pair is still relevant and there are no signs of a trend reversal. We recommend fx traders wait for the support level to be broken and open a short position with a target of 100 pips.

Symbol: USDJPY
Order Type: Pending Order - Sell Stop
Entry Price at 130.50
Take Profit at 129.50
Pips Earning: 100

Trading fx options:
EURUSD buy at the price of 1.0660
BTCUSD sell at the price of 16240.00
GBPUSD buy at the price of 1.2200
USDCHF sell at the price of 0.9240

The result of a trade recommendation:

The result of a trade recommendation for the USDJPY currency pair from AZAforex

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The profit can be $699.30 if the trading volume of 100000 USD (1 Lot).

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