Forex Trading Library

USD/JPY – 05.09.2024

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USDJPY managed to fell below the support of 144.40 and met target of 143.40.

As we see on the chart, market still faces the support zone 141.70-90 and if prices hold above this zone, a rebound could hit any time toward 146.00.

Below 141.70 more of a drop could hit the market with support at 140.20.

SUPPORT RESISTANCE
LEVEL1 141.70-90 144.30
LEVEL2 140.20 146.00-30
LEVEL3 138.00 147.30

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