Forex Trading Library

USD/JPY – 31.05.2024

0 12

As shown on our previous chart, USDJPY managed to sustain its advance whilst managing to hit 157.70.

Our target and resistance remains around 158.00 which could give a chance for another drop with support around 155.80.
Above 158.00 a chance for a further advance could hit the market where resistance is around the 160.00 zone.

Below 155.80, more of a drop toward 153.50 is likely.

LEVEL1 156.60 158.00
LEVEL2 155.80 160.00
LEVEL3 153.50 162.00

Join our responsible trading community - Open your Orbex account now! 


Leave A Reply

Your email address will not be published.