As we saw last week and on our previous chart, the USDJPY pair held below the resistance of 159.65 and hit a correction toward the target of 157.60-90 again.
Another rebound toward 159.65 will be expected as long as the market holds below support 157.40-60.
Above 159.65 more advance toward 161.00 could hit the market.
Below 157.40 more of a drop toward 155.70 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 157.40-60 | 158.40 |
| LEVEL2 | 155.70 | 159.65 |
| LEVEL3 | 154.50 | 161.00 |
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The post USD/JPY – 15.07.2024 appeared first on Orbex Forex Trading Blog.
