Forex Trading Library

USD/JPY –18.07.2025

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USDJPY spiked lower on rumours that Donald Trump is going to fire the Fed Chairman, before the market rebounded on the announcemnet that he is not.

Intraday levels show the first support around 146.90 whereas long as the market holds above, a chance for a further march towards 150.45 is likely.
Below 146.90 more of a drop could hit the market with the support at 145.70 could keep the chance for another advance.

SUPPORT RESISTANCE
LEVEL1 146.90 149.15
LEVEL2 145.70 150.45
LEVEL3 144.25-50 151.20
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