USDJPY hit a low at 141.76 last week and is now testing the Intraday resistance 143.70-75.
If prices hold below 143.75 another drop could happen with supports at 142.50 and 141.70.
The market is still facing the support zone 141.70-75 and if price remain above this zone, a rebound could hit any time toward 146.00 and above.
Below 141.70 more of a drop could hit the market with the second support at 140.20.
Intraday support zone is at 142.65-143.00 while resistance is at 143.75.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 142.65-143.00 | 143.75 |
| LEVEL2 | 141.70 | 144.40 |
| LEVEL3 | 140.25 | 146.00-20 |
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The post USD/JPY – 10.09.2024 appeared first on Orbex Forex Trading Blog.
