Forex Trading Library

USD/JPY –19.03.2025

Technical Analysis

By Rami Abu-Draa On Mar 19, 2025

USDJPY managed to move above 149.50 which could keep the advance ongoing toward the 150.80-151.30 resistance zone.

This resistance zone of 150.80-151.30 could push for correction toward 148.55.

Above 151.30 more advance is likely.

	SUPPORT	RESISTANCE
LEVEL1	149.05	150.15
LEVEL2	148.25	150.80
LEVEL3	147.40	151.30

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Japanese Yen (JPY)

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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