Forex Trading Library

USD/JPY –20.01.2025

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USDJPY managed to rebound from the second support of 154.90, while the downtrend pressure is still affecting the market.

As we see over the chart and as long as prices holding below 157.10-20, the drop pressure could sustain toward 153.15.

Above 157.20 the market could restore uptrend strength for further advance.

SUPPORT RESISTANCE
LEVEL1 154.90 157.10-20
LEVEL2 153.80 158.50
LEVEL3 153.15 159.45

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