USDJPY managed to print above the 149.50 resistance which could push for an advance as previously stated.
As we see on the chart, prices face the first support around 148.25 and the second support around 147.30. One of those supports could keep the advance wave ongoing toward the target 150.90 and above.
Below 147.30 more of a drop will be expected with support around 145.90.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 148.25 | 150.90 |
| LEVEL2 | 147.30 | 152.00 |
| LEVEL3 | 145.90 | 153.80 |
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The post USD/JPY – 18.10.2024 appeared first on Orbex Forex Trading Blog.
