USDJPY managed to hold trades above the support of 143.40 and rebounded to close at and resistance 145.25-50.
The market is still holding our expected trading zone inside the downtrend channel as we see on the chart.
Above 145.25 more advance will be expected with resistance at 146.50 and 147.30.
Below 143.40 more of a drop toward 141.70 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 145.50-75 | 147.30 |
| LEVEL2 | 144.45 | 149.30-50 |
| LEVEL3 | 143.40 | 151.00 |
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The post USD/JPY – 02.09.2024 appeared first on Orbex Forex Trading Blog.
