Forex Trading Library

USD/JPY – 15.07.2024

0 2

As we saw last week and on our previous chart, the USDJPY pair held below the resistance of 159.65 and hit a correction toward the target of 157.60-90 again.

Another rebound toward 159.65 will be expected as long as the market holds below support 157.40-60.

Above 159.65 more advance toward 161.00 could hit the market.

Below 157.40 more of a drop toward 155.70 could hit the market.

SUPPORT RESISTANCE
LEVEL1 157.40-60 158.40
LEVEL2 155.70 159.65
LEVEL3 154.50 161.00

Join our responsible trading community - Open your Orbex account now! 

Leave A Reply

Your email address will not be published.