Forex Trading Library

USD/JPY – 18.12.2024

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USDJPY managed to maintain the advance wave while market still shows potential advance.

As we see on the chart, prices face a support trend around 152.45, if prices remain above it, the advance wave could progress toward the 155.85 zone.

Below 152.45 more of a drop toward 150.90-151.20 will be expected.

SUPPORT RESISTANCE
LEVEL1 153.25 154.45
LEVEL2 152.45 155.85
LEVEL3 150.90-151.20 156.75

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