USD/JPY – 03.12.2024
USDJPY held above the support of 149.00-40 and managed so far to rebound toward the first resistance at 150.45.
Prices yesterday moved back to test the 149.00-40 support and few pips below.
As long as market remains above 149.00-40, a correction could hit the market toward 151.90.
Below 149.00 more of a drop toward 147.35 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 149.00 | 150.45 |
| LEVEL2 | 147.35 | 151.90 |
| LEVEL3 | 145.90 | 153.25 |
Join our responsible trading community - Open your Orbex account now!


