USDJPY managed finally to break below support 154.70 which may keep the drop pressure ongoing toward first target 153.15
As we see over the chart and as long as market keep holding trades below resistance 154.80-155.00 the downtrend pressure may sustain where support 153.15 may push for some rebound correction movement
Below 153.15 more drop will be expected toward 151.80
Above 155.00 more advance signals may control the market for farther advance with resistance around 156.75
| SUPPORT | RESISTANCE | |
| LEVEL1 | 153.15 | 154.80-155.00 |
| LEVEL2 | 151.80 | 156.75 |
| LEVEL3 | 150.90 | 158.15 |
Join our responsible trading community - Open your Orbex account now!