As we advised last week and as we see over our previous chart
USDJPY managed to hit another drop correction movement where market managed to re-test support zone 151.40-50 yesterday
As we advised before and as long as market holding trades above this support zone 151.40-50 the advance wave may sustain toward 153.60 and 155.20
Below 151.40 more 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 – 05.11.2024 appeared first on Orbex Forex Trading Blog.
