Forex Trading Library

USD/JPY –07.03.2025

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USDJPY managed to meet the target 147.40 as prices attempt to hit a rebound.
As we see over the Intraday chart and as long as the market holds below 148.40-90, more of a drop to test the support 147.30-40 where below 147.30 more of a drop toward 145.90 will be expected.
Above 148.90 more rebound could hit the market with resistance at 150.15.

SUPPORT RESISTANCE
LEVEL1 148.95 150.15
LEVEL2 148.10 151.30
LEVEL3 147.40 152.30

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