JPY pairs Weekly Outlook and Trade Setups - Page 10

@nsg_usd - 1 hour ago

The USDjpy has no trend change yet untill a strong break below that rectangle level, next week price action will be more clearer than this week

I'm still bullish on USDJPY. A break below 160.891 price region is what will confirm a bearish bias for me.

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@nsg_usd - 1 hour ago

Quoted - nsg_usd

I'm still bullish on USDJPY. A break below 160.891 price region is what will confirm a bearish bias for me.

While Price is still confined to this Trend channel and keeps bouncing off the support, my bullish bias remains.

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@nsg_usd - 1 hour ago

Quoted - nsg_usd

While Price is still confined to this Trend channel and keeps bouncing off the support, my bullish bias remains.

Last week on USDJPY ( Thurs, 2nd - Fri, 3rd July 2026), Price created a 1hr Double bottom at the 160.89 H-support and rallied this week. and Again on Friday, 10th july, price created another 1hr double bottom this time at 161.31 H-support region. a break above 161.89 price level, and we'll witness a rally this week.

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@nsg_usd - 1 hour ago

Quoted - asuquokelvin

Dxy is still struggling with low momentum to go higher, if it breaks the 100.949 and go higher then it will reach the 101.296 level which will cause a trend change or end of the retracement we are seeing on dxy

Price has created a weekly low at the 100.87-100.74 , although it isn't a strong one. I'll expect the week to start with buys, and later sells. I think it is staying at that zone waiting for CPI on Tuesday

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@nsg_usd - 1 minute ago

Quoted - asuquokelvin

A successful retest strengthens the breakout idea. I'd also watch for rising momentum or a higher low after the break, as that would add more confidence to the bullish continuation above 114.597

Yeah. I'll be watching too. But i'm watching out for double bottom formation at 114.03 price region. to confirm buyers are solid with their decision to rally price from that zone. Otherwise price might decline further to 113.79.

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