USD/JPY – 03.06.2024
![USD/JPY – 03.06.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/06/03160906/USDJPY-chart-03.06.2024-750x430.png)
As previously stated, the USDJPY pair managed to sustain an advance to hit 157.70.
Our specified target and resistance remain at 158.00, which could give a chance for another drop with support around 155.80.
Above 158.00, a chance for further advancement could hit the market with resistance at the 160.00 zone.
Below 155.80, more of a drop toward 153.50 is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 156.60 | 158.00 |
LEVEL2 | 155.80 | 160.00 |
LEVEL3 | 153.50 | 162.00 |
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