Forex Trading Library

USD/JPY –24.01.2025

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USDJPY managed for second time to hold support 154.70-90 which may indicate a farther rebound toward 158.15 zone

As we see over the chart and as long as market holding trades above 154.70-90 more rebound toward 158.15 will be expected

Above 158.20 more advance toward 159.45 may hit the market

Below 154.70 more drop toward 153.15 will be expected

First Intraday support laying at 155.70

SUPPORT RESISTANCE
LEVEL1 155.70 156.75
LEVEL2 154.70-90 158.15-20
LEVEL3 153.15 159.45

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