USD/JPY – 17.07.2024
USDJPY managed to break below 157.60 very rapidly.
As we see on the chart, the market is facing 157.40-60 as a resistance level. If prices hold below it, the downtrend pressure could sustain toward the first target of 155.70 and 154.50.
Above 157.60 more advance toward 159.40 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 155.70 | 157.15 |
| LEVEL2 | 154.50 | 157.60 |
| LEVEL3 | 153.50 | 159.40 |
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