USDJPY so far hit a 150.30 high as the uptrend wave remains ongoing.
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 152.00
Below 147.30 more of a drop will be expected with support around 145.90.
SUPPORT | RESISTANCE | |
LEVEL1 | 148.85 | 150.90 |
LEVEL2 | 148.25 | 152.00 |
LEVEL3 | 147.30 | 153.80 |
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The post USD/JPY – 21.10.2024 appeared first on Orbex Forex Trading Blog.