Looking at USDJPY’s chart, we can see that JPY gained value this week and the FX pair dropped from the rate of around 152 to 145.20 and bounced to the current one at about 145.88.
Today if it holds above the level of 145 we should see it testing its resistance level at about 148.30 otherwise it should fall toward its next support level at around 144.30.
More By This Author:
GBPUSD: Expected To Drop Towards Its Support Level At Around 1.1380
Meta Platforms: Expected To Rise Towards Its Resistance Level At Around $141.80
Honeywell International: The Price Can Be Seen Climbing Towards Its Resistance Level
Comments
Log in or sign up to join the conversation.