Forex Trading Library

USD/JPY –14.07.2026

By Rami Abu-Draa On Jul 14, 2026

USDJPY managed to pass above the short-term resistance zone of 161.95 which shows a strong advance still ongoing.
Prices fell toward 160.50-70 on the suspected intervention before bouncing back.
Traders should take precautionary measures as the Bank Of Japan could intervene any time in the market.

	SUPPORT	RESISTANCE
LEVEL1	160.50-70	162.80
LEVEL2	158.00-50	163.80
LEVEL3	155.50	165.50

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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