USDJPY fell below the support of 144.00 last week and below this level more pressure could affect market.
As we see over the Intraday chart, the market is facing resistance around 144.40, where as long as prices hold below it, more of a drop will be expected to test the 142.50-70 trend line.
Above 144.40 more advance toward 145.50-90 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 143.50 | 144.40 |
| LEVEL2 | 142.50-60 | 145.50-90 |
| LEVEL3 | 141.50 | 147.00-20 |
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The post USD/JPY –06.05.2025 appeared first on Orbex Forex Trading Blog.