Forex Trading Library

USD/JPY – 14.10.2024

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USDJPY managed to print above the 149.50 resistance which could push for further advance.

As we see on the chart, prices face the first support around 148.25 with the second support at 147.30. One of those supports could keep the advance wave ongoing toward the target of 150.90 and above.

Below 147.30 more of a drop will be expected with support around 145.90.

SUPPORT RESISTANCE
LEVEL1 148.25 149.95
LEVEL2 147.30 150.90
LEVEL3 145.90 152.00

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