Forex Trading Library

USD/JPY – 17.02.2026

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The pair managed to test the first resistance at 157.60-90 which led to a correction to close towards the 152.00 support from last week.
Downtrend risk is facing supports at 152.00 and 150.70-90.
The uptrend wave is still ongoing towards 160.20, as long as the market remains above 150.70-90.
Below 150.70 more of a drop could hit the market with support at 149.35.
Below 149.35 more of a drop toward 146.60 will be expected.

SUPPORT RESISTANCE
LEVEL1 152.00 154.60
LEVEL2 150.70-90 157.60
LEVEL3 149.35 159.45
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