Forex Trading Library

USD/JPY – 14.06.2024

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USDJPY finally met the target of 158.00 today.
As seen on the chart, the market could sustain this trading zone between support 155.70 and resistance 158.00.
Above 158.00, the chance for a move toward 160.00 is likely.
Below 155.70, more of a drop could hit the market with supports at 154.50 and the 152.50-153.00 zone.

 

SUPPORT RESISTANCE
LEVEL1 155.70 158.00
LEVEL2 154.50 160.00
LEVEL3 152.50-153.00 162.00

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