Forex Trading Library

USD/JPY – 03.09.2024

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USDJPY managed to break above 145.50 last week and could advance further toward 147.30.

As we see on the chart, prices are facing support around 145.50-75 whilst resistance around 147.30 could create a trading zone.

Above 147.30 more advance toward 149.30-50 could be expected.

Below 145.50 more of a drop toward 144.45 could hit the market.

SUPPORT RESISTANCE
LEVEL1 145.50 147.30
LEVEL2 144.45 149.30-50
LEVEL3 143.40 151.00

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