Forex Trading Library

USD/JPY –04.02.2025

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USDJPY managed to fall toward 153.70 before hitting a rebound correction movement.
As we see over the chart the market is facing Intraday resistances around 156.00 and 156.75. If prices hold below one of those resistances, then the drop pressure could sustain toward 153.15.
Above 156.75 more advance toward 158.15 could hit the market.

SUPPORT RESISTANCE
LEVEL1 154.80 156.00
LEVEL2 153.70 156.75
LEVEL3 153.15 158.10

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