Forex Trading Library

USD/JPY – 21.10.2024

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USDJPY so far hit a 150.30 high as the uptrend wave remains ongoing.

As we see on the chart, prices face the first support around 148.25 and the second support around 147.30. One of those supports could keep the advance wave ongoing toward the target 150.90 and 152.00

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

SUPPORT RESISTANCE
LEVEL1 148.85 150.90
LEVEL2 148.25 152.00
LEVEL3 147.30 153.80

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