Forex Trading Library

USD/JPY – 03.03.2025

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As we advised last week and as we see over our previous chart

USDJPY managed to test 148.60 support while managed to rebound toward first and second targets 149.95 and  150.75

As we advised before and as long as market holding trades above 148.60 a rebound correction toward 152.30-50 zone still expected

Intraday supports laying at 149.90 and 149.10

Below 148.60 more drop may hit the market toward 147.40 and 145.90

 

SUPPORT RESISTANCE
LEVEL1 149.90 151.25
LEVEL2 149.10 152.30-50
LEVEL3 148.60 154.00

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