USD/JPY –16.06.2025

USDJPY seems to be building a decending triangle which could lead to a further drop if this formation manages to control the market.
As we see over the chart, there is a resistance zone at 145.00-45 with support at 141.50-142.10.
Above 145.45 more advance will be expected with resistances around 146.25 and 147.10.
Below 141.50 more of a drop will be expected with support around 139.80.

SUPPORT RESISTANCE
LEVEL1 143.80-90 145.00-45
LEVEL2 142.80 146.25
LEVEL3 141.50 147.10

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