USDJPY managed to break above 141.20 which could now push for an advance as projected yesterday.
As we see over the Intraday chart, prices are facing support around 141.20 where as long as the market remains above, more advance toward the 143.70-144.20 zone will be expected which in turn could re-activate the downtrend wave toward 137.25.
Below 141.20 the market could face a drop with support around 139.55.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 141.20 | 142.45 |
| LEVEL2 | 139.55 | 143.70-144.20 |
| LEVEL3 | 137.25 | 145.50-60 |
The post USD/JPY – 18.09.2024 appeared first on Orbex Forex Trading Blog.
