USD/JPY Pair Analysis: Bullish Momentum Drives Prices Higher
The intraday analysis of the USD/JPY pair reveals continued bullish support, hinting at a potential advance wave that targets levels around 149.15 to 150.45. The charts indicate that the market is observing initial support close to 147.00. As long as the market holds above this point, the bullish momentum is likely to persist. This insight is insightful for traders seeking to capitalize on potential price movements. Keeping an eye on the market dynamics will be crucial in the upcoming sessions to determine when to enter and exit positions strategically.