The USDJPY MACD indicator shows a divergence that could push the market higher.
As we see on the chart, the market is facing support around 144.40 and resistance around 146.50-60.
Another advance above 147.35 is likely with resistance at 149.30-50.
Below 144.40, the market could head for a drop with supports around 143.40 and 141.70.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 144.40 | 146.50-60 |
| LEVEL2 | 143.40 | 147.35 |
| LEVEL3 | 141.70 | 149.30-50 |
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The post USD/JPY – 23.08.2024 appeared first on Orbex Forex Trading Blog.
