USDJPY managed to hold below the resistance 157.90-158.15 and managed today to break below the first support 156.95.
As long as prices hold below this zone, another dip toward 154.50 is still expected.
Above 158.15 more advance will be expected with the second resistance at around 159.40-50 which could push for a correction.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 155.35 | 156.95 |
| LEVEL2 | 154.50 | 157.80-158.15 |
| LEVEL3 | 153.50 | 159.40-50 |
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The post USD/JPY – 22.07.2024 appeared first on Orbex Forex Trading Blog.
