USD/JPY – 04.09.2024
USDJPY managed to break below the support of 145.50-75 yesterday and pushed for further lows.
As we see on the chart, prices could drop further with supports at 144.30-40 and 143.40.
The market will face resistance around 146.30-40 and if prices hold below this level, the downtrend pressure could sustain for more lows.
Above 146.40 more advance will be expected with resistance at 147.30.
SUPPORT | RESISTANCE | |
LEVEL1 | 144.30-40 | 146.30 |
LEVEL2 | 143.40 | 147.30 |
LEVEL3 | 141.70 | 139.30-50 |