Forex Trading Library

USD/JPY –09.11.2026

Technical Analysis
By Rami Abu-Draa
USD/JPY –09.11.2026
0 3

Traders still fear the market will move higher as the Bank of Japan could intervene again to support the Yen.

A drop formation is looking to test the support zone at 153.90-154.40.

Above 159.60 more advanced is likely with caution.

SUPPORT RESISTANCE
LEVEL1 156.07 158.60
LEVEL2 155.00 159.60
LEVEL3 153.90 160.90
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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