๐จ USD/JPY Intraday Market Signal โ May 12, 2025 ๐จ
๐ Direction: BUY / LONG
๐น USD/JPY holds strong bullish momentum in todayโs session.
๐ Technical Breakdown:
โข Price: 148.08
โข Resistance: 149.46 โ First upside target
โข Support: 147.95 โ Key hold zone
โข MACD: Bullish crossover
โข RSI: Overbought (~70.7)
โข ADX: Strong trend (44.50)
โข Sentiment: 62% Bullish
๐ก Strategy:
Long entry near 147.95, targeting 149.46โ150.57. Stop-loss below 146.90. Watch for breakout continuation on macro-driven momentum.
๐ข News Note:
Fedโs hawkish stance & BoJ dovish tone fuelling USD gains. Trade optimism adds further support.
๐ Stay sharp. Risk control matters.
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