USDCHF and USDJPY: USDJPY on the way to 148.00 level

<div><img width="1200" height="600" src="https://www.financebrokerage.com/wp-content/uploads/2023/04/My-project-1-19.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="USDCHF and USDJPY" decoding="async" loading="lazy" /></div><h1><b>USDCHF and USDJPY: USDJPY on the way to 148.00 level</b></h1>
<ul>
<li aria-level="1">Yesterday, we saw the formation of a new high at the 0.89700 level.</li>
<li aria-level="1">The pair USDJPY was in a bullish trend this week from 145.90 to 147.85 levels.</li>
</ul>
<h2><b>USDCHF chart analysis</b></h2>
<p>Yesterday, we saw the formation of a new high at the 0.89700 level. After that, during the Asian trading session, we saw a pullback and a drop to the 0.89460 level. If we see a break below, then we can expect the pair to start a further <a href="https://www.financebrokerage.com/apecoin-and-akita-inu-apecoin-continues-to-pullback/">pullback</a> to the next support level. Potential lower targets are 0.89300 and 0.89200 levels. Additional support in the zone around 0.89200 was in the EMA50 moving average.</p>
<p>We need a positive consolidation and a breakout of the previous high for a bullish option. Then, we need to hold above and proceed to the bullish side from there. Potential higher targets are 0.89800 and 0.90000 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-226990 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/09/JBQef96q-1024×620.jpg" alt="USDCHF Chart Analysis" width="1024" height="620" /></p>
<h2><b>USDJPY chart analysis</b></h2>
<p>The pair USDJPY was in a bullish trend this week from 145.90 to 147.85 levels. During the Asian trading session, the pair consolidated around 147.50 levels. After that, we saw a bullish impulse and a break above the previous consolidation. Today, we could expect to see growth and testing of the 148.00 level. Potential higher targets are 148.25 and 148.50 levels.</p>
<p>We need a negative consolidation and pullback below the 147.50 support level for a bearish option. In the continuation, we would go down to the 147.00 level. A break below this support could mean we start a stronger bearish pullback. Potential lower targets are 146.50 and 146.00 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-226991 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/09/sQ8pv76K-1024×620.jpg" alt="USDJPY Chart Analysis" width="1024" height="620" /></p>
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