
USDJPY held above the support of 146.10-40, while managing to meet the target of 149.95 and above.
Prices added more advance early today as the market closed towards the resistance zone.
The market still has room for further advance, with the first Intraday support at the 149.00 zone.
Prices are facing resistance around 151.90-151.45, which could call for a correction towards 149.00.
Below 149.00, a further drop could hit the market, with support around 147.45.
Above 151.45, more advance toward 154.65 will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 149.00 | 150.90-151.45 |
LEVEL2 | 147.45 | 152.30 |
LEVEL3 | 146.45 | 154.65 |
Test your trading strategy on forex and stocks with Orbex
The post USD/JPY Analysis 10-07-2025 appeared first on Orbex Forex Trading Blog.