USDJPY managed to test the support zone of 151.40-50 last Friday, while managing to rebound toward the target 153.80.
As we see over the chart, the advance wave is still ongoing and if prices remain above the support of 151.40-50, the advance wave could expand toward 155.20
Below 150.40 the market could head a further drop toward 147.50.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 152.60 | 153.80-90 |
| LEVEL2 | 151.40-50 | 155.20 |
| LEVEL3 | 150.40 | 157.85 |
The post USD/JPY 30.10.2024 appeared first on Orbex Forex Trading Blog.
