After USDJPY has achieved the forecasted level at 151.072, the next support levels are seen at 151.040 and 150.977.

Price Action
Thursday, November 16 2023

03:29 pm (GMT +0200)
30 minutes Timeframe
If USDCHF fails to withstand the bulls' pressure, the bearish scenario will be eliminated and we foresee that a bullish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
151.072
Target 2
151.040
Target 3
150.977
Target 4
150.898

Entry
151.135

Stop Loss
151.293
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023

03:29 pm (GMT +0200)
30 minutes Timeframe
After USDJPY has achieved the forecasted level at 151.072, the next support levels are seen at 151.040 and 150.977.
If USDCHF fails to withstand the bulls' pressure, the bearish scenario will be eliminated and we foresee that a bullish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
151.072
Target 2
151.040
Target 3
150.977
Target 4
150.898

Entry
151.135

Stop Loss
151.293
Trend Confirmation
Momentum
LWMA
MACD