USDJPY 11-11-2024

Technical Analysis

By Shady Fouad On Jan 11, 2024

USDJPY 11-11-2024.

Prices are currently trading around the key resistance zone at 145. If this level is breached to the upside, we might test the next resistance area at 147.5. However, in the event of a breakdown below the minor support in the range of 143.45, the prices could test the main support zone around 142.

Support	143.45	142.80	140.80
Resistance	145.5	146	146.5

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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