Forex Trading Library

USD/JPY – 30.08.2024

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USDJPY still holds inside the downtrend channel as we projected early this week.

As we see on the chart and if prices hold below 145.50, the chance for another drop could happen with supports at 144.40 and 143.40.

Above 145.50 more advance will be expected with resistances at 147.30 and 149.30-50.

SUPPORT RESISTANCE
LEVEL1 144.40 145.25-50
LEVEL2 143.40 147.30
LEVEL3 141.70 149.30-50

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