$USD/JPY I 4H Forex Trade Setup Update ● Current Status: USD/JPY broken above the value area high

5 months ago
6

$USD/JPY I 4H Forex Trade Setup Update

● Current Status: USD/JPY has broken above the value area high, with moving averages crossing bullish.

● Technical Indicators: Despite the bullish crossover, falling momentum, money flow, and VWAP suggest potential weakening of the uptrend.

● Outlook: Traders are advised to monitor for potential shifts in momentum, as the weakening indicators could signal a reversal.

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