USD/JPY –16.07.2025

 

USDJPY managed to break above the 147.70 resistance to add more advance and hit above the second resistance of 148.65.
As we see over the chart and  as long as the market keeps hold above the second support of 147.50-70, then the advance wave could sustain towards 150.45.
Below 147.50 a chance for a further drop toward 145.70 is likely.

SUPPORT RESISTANCE
LEVEL1 148.60 149.20
LEVEL2 147.50-70 150.45
LEVEL3 145.70 151.15

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