Forex Trading Library

USD/JPY –31.01.2025

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USDJPY fell toward 153.70 before hitting a rebound.
As we see over the chart, the market is facing Intraday resistances around 156.00 and 156.75. If prices remain below one of those resistances, the drop pressure could sustain toward the target zone of 153.15.
Above 156.75 more advance toward 158.15 could hit the market.

SUPPORT RESISTANCE
LEVEL1 153.70 155.00
LEVEL2 153.15 156.00
LEVEL3 151.80 156.75

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