
As we advised last week and as we see over our previous chart
USDJPY managed to hold trades above support trend 146.50-70 which market tested several times while managed to hit rebound movement toward 149.12 so far
Below 146.50 more drop to re-test the old support 145.70 which in turn may activate another advance
Above 149.15 more advakce toward 150.45 will be expected
Intraday levels showing first support around 147.75 where below this level farther drop to re-test support zone 146.50-70 may hit the market again
SUPPORT | RESISTANCE | |
LEVEL1 | 147.75 | 149.15 |
LEVEL2 | 146.50-70 | 150.45 |
LEVEL3 | 145.70 | 151.60 |
The post USD/JPY –05.09.2025 appeared first on Orbex Forex Trading Blog.