USDJPY managed to resume the drop as traders anticipate a rate hike from the Bank of Japan next week.
USDJPY managed to resume the drop as traders anticipate a rate hike from the Bank of Japan next week.
The market faces support around the 152.00-15 zone while resistance at 155.00-20 could lead to a trading zone here.
Below 152.00 more of a drop towards 149.40 is likely.
Above 155.20 more advance could hit the market with resistance at 157.40.
SUPPORT | RESISTANCE | |
LEVEL1 | 152.00-15 | 155.00-20 |
LEVEL2 | 149.40 | 157.40 |
LEVEL3 | 146.60 | 159.50 |
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