BluetonaFX - USDJPY 06/06/2023 Progress Report UPDATE

Hi Traders!

Just after two weeks, we have reached our forcasted Vector level of 142.255 on the USDJPY (PLEASE SEE LINK TO ORIGINAL IDEA BELOW). The 137.915 support area held and we got the anticipated push to 142.255.

We have not been around this level for seven months, so this is a key level and we will see over the next few days how strong the resistance is here.

If there is a pullback from 142.255 then we expect a possible retracement to the 140 area. However, if 142.255 breaks and continues, the bullish push the next key long term level is at 145.108 (WE HAVE THIS LEVEL IN OUR OTHER PREVIOUS IDEA LINKED BELOW).

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BluetonaFX