USDJPY 16-1-2024

Technical Analysis

By Shady Fouad On Jan 16, 2024

USDJPY 16-1-2024.

Prices are trading above the main resistance zone at 145, and in this scenario, the next potential target could be around 147.5. However, this scenario may be invalidated if prices re-break below the 145 level.

Support	145.5	144.75	144.20
Resistance	146.5	147.30	147.7

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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