USD/JPY printed a low of 147.33 today but is holding above the support zone of 147.00-20.
As long as the market remains above 147.00, another advance toward the 149.40-50 zone is expected.
A break below 147.00 could lead to further declines toward 145.90.
SUPPORT | RESISTANCE | |
LEVEL1 | 147.00-20 | 148.00-20 |
LEVEL2 | 145.90 | 149.40-50 |
LEVEL3 | 144.50 | 150.90 |
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The post USD/JPY – 08.10.2024 appeared first on Orbex Forex Trading Blog.