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USDJPY 12-12-2023

Technical Analysis
By Shady Fouad
0 27

USDJPY 12-12-2023

usd/jpy rebounded in yesterday’s session and approached a crucial resistance level around 147, but failed to break higher. Instead, prices declined, suggesting a possible test of the important support zone at 141.50/142.50 again.

Support

 144 142.5 141.5
Resistance 146.50 147.20

148.50
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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