USDJPY managed to meet the target of 149.40-50 and retreated as previously projected.
As we see on the chart, this resistance zone 149.40-50 could lead to another drop again with supports at 147.00-20 and 145.90.
Above 149.50 a chance for continuous advance could hit the market toward 150.80-151.25.
SUPPORT | RESISTANCE | |
LEVEL1 | 147.00-20 | 149.40-50 |
LEVEL2 | 145.90 | 150.80-151.25 |
LEVEL3 | 144.00 | 152.00 |
The post USD/JPY – 14.10.2024 appeared first on Orbex Forex Trading Blog.