Forex Trading Library

USD/JPY –04.04.2025

By Rami Abu-Draa On Apr 4, 2025

USDJPY managed after fell below 149.50 to sustain drop toward target 147.60 and below

As we see over the Daily Chart, market facing support trend around 143.50-90 while resistance laying around 146.50-70 which may creat trading zone

Below 143.50 more drop toward 141.70 will be expected

Above 146.70 more advance toward 150.00 will be expected

	SUPPORT	RESISTANCE
LEVEL1	145.00	145.50
LEVEL2	143.50-90	146.50-70
LEVEL3	141.70	147.50

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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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