USDJPY 17-1-2024

Technical Analysis

By Shady Fouad On Jan 17, 2024

USDJPY 17-1-2024.

Prices are testing the crucial resistance zone at 147.5, and it is likely that this area will limit the upward momentum. However, if the resistance zone mentioned is successfully breached and the prices establish themselves above it, we may target 150.

Support	147.3	146.3	–
Resistance	147.7	148.5	–

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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