Forex Trading Library

USD/JPY –09.04.2025

By Rami Abu-Draa On Apr 9, 2025

USDJPY fell below the support of 146.50 yesterday and today re-tested 144.55.

As we see on the chart, the main uptrend support zone remains around 143.60-90. If prices hold above it, a rebound correction toward 148.10 could hit the market again.

Below 143.60, a drop toward 141.65 is likely.

	SUPPORT	RESISTANCE
LEVEL1	144.55	145.95
LEVEL2	143.60-90	148.10
LEVEL3	141.65	150.45

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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