USDJPY managed to fell below the support of 144.40 and met target of 143.40.
As we see on the chart, market still faces the support zone 141.70-90 and if prices hold above this zone, a rebound could hit any time toward 146.00.
Below 141.70 more of a drop could hit the market with support at 140.20.
SUPPORT | RESISTANCE | |
LEVEL1 | 141.70-90 | 144.30 |
LEVEL2 | 140.20 | 146.00-30 |
LEVEL3 | 138.00 | 147.30 |
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The post USD/JPY – 05.09.2024 appeared first on Orbex Forex Trading Blog.