Forex Trading Library

USD/JPY – 21.01.2025

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USDJPY managed to rebound from the second support of 154.90 while the downtrend pressure still affects the market.
As we see over the chart and as long as prices keep holding below 157.10-20 the drop pressure could continue towards 153.15.
Above 157.20 the market could restore the uptrend strength for more advance.

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

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