Forex Trading Library

USD/JPY – 10.09.2024

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USDJPY hit a low at 141.76 last week and is now testing the Intraday resistance 143.70-75.

If prices hold below 143.75 another drop could happen with supports at 142.50 and 141.70.

The market is still facing the support zone 141.70-75 and if price remain above this zone, a rebound could hit any time toward 146.00 and above.

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

Intraday support zone is at 142.65-143.00 while resistance is at 143.75.

SUPPORT RESISTANCE
LEVEL1 142.65-143.00 143.75
LEVEL2 141.70 144.40
LEVEL3 140.25 146.00-20

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