Forex Trading Library

USD/JPY – 20.08.2024

0 9

USDJPY managed yesterday to move above the resistance of 146.80 which could be a sign for a further advance.

As we see on the Intraday chart, the market is facing 146.20 and 145.20 supports levels and if prices remain above one of those supports, we could expect more movement.

Below 145.20 more of a drop could hit the market toward 144.05-20 and 142.00.

SUPPORT RESISTANCE
LEVEL1 146.20 147.35
LEVEL2 145.20 148.25
LEVEL3 144.05-20 149.30-50

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

Leave A Reply

Your email address will not be published.