USDJPY managed to hit rebound toward the targets of 144.00 and 145.60 as predicted yesterday.
As we see on the chart, the market is facing resistance around 146.30-70 and if prices remain below, another drop toward 141.70-90 could hit the market.
Above 146.70 more advance to test 148.50-60 zone will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 144.30 | 145.20 |
| LEVEL2 | 143.30 | 146.30-70 |
| LEVEL3 | 141.70-90 | 148.50-60 |
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The post USD/JPY – 06.08.2024 appeared first on Orbex Forex Trading Blog.
