USDJPY rebounded from 144.55 before testing the support at 143.60-90.
As we see over the Intraday chart, the market still has a chance for another test to the support at 143.60-90, as long as prices keep holding below 147.45, which in turn could activate another rebound movement.
Above 147.45 the market could head for a further advance wave with resistance around 150.45.
Below 143.60 more of a drop toward 141.65 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 145.15 | 147.45 |
| LEVEL2 | 143.60-90 | 148.50 |
| LEVEL3 | 141.65 | 150.45 |
Join our responsible trading community - Open your Orbex account now!
