Forex Trading Library

USD/JPY – 14.10.2024

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USDJPY managed to meet the target of 149.40-50 and retreated as previously projected.

As we see on the chart, this resistance zone 149.40-50 could lead to another drop again with supports at 147.00-20 and 145.90.

Above 149.50 a chance for continuous advance could hit the market toward 150.80-151.25.

SUPPORT RESISTANCE
LEVEL1 147.00-20 149.40-50
LEVEL2 145.90 150.80-151.25
LEVEL3 144.00 152.00
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