Forex Trading Library

USD/JPY – 06.08.2024

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USDJPY managed to hit rebound toward the targets of 144.00 and 145.60 as predicted yesterday.

As we see on the chart, the market is facing resistance around 146.30-70 and if prices remain below, another drop toward 141.70-90 could hit the market.

Above 146.70 more advance to test 148.50-60 zone will be expected.

SUPPORT RESISTANCE
LEVEL1 144.30 145.20
LEVEL2 143.30 146.30-70
LEVEL3 141.70-90 148.50-60

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