USDJPY dropped as prices still hold above the support zone of 151.40-50.
If the market holds above this support zone, the advance wave could sustain toward 153.60 and 155.20.
Below 151.40 more of a drop toward 149.00 will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 151.40-50 | 153.60 |
LEVEL2 | 150.40 | 155.20 |
LEVEL3 | 149.00 | 157.85 |
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The post USD/JPY – 01.11.2024 appeared first on Orbex Forex Trading Blog.