Forex Trading Library

USD/JPY – 06.02.2025

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USDJPY managed to maintain a drop wave and met the targets of 153.15 and 151.80.

As we see over the chart, the market is still holding above the trend support of 151.80, where as long as prices keep above it, another rebound toward 153.80 will be expected.

Below 151.80 more of a drop toward 149.35 could hit the market.

SUPPORT RESISTANCE
LEVEL1 151.80 152.90
LEVEL2 151.00 153.80
LEVEL3 149.35 154.45

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