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USDJPY 12-10-2023 .

Technical Analysis
By Shady Fouad
0 56

USDJPY 12-10-2023 .
Prices are still trading between the two limits of the ascending price channel and it is also noticeable that the upper limit of the channel coincides with the important resistance zone in the range of 150.50, as prices are facing a selling force in this area that limits the pace of ascent and it is expected that the selling Force will continue to appear at the aforementioned resistance zone until this zone is broken higher.

Support

 148.30 147.90 147.15
Resistance 194.30 150

152
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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