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USDJPY 15-11-2023

Technical Analysis
By Shady Fouad
0 44


USDJPY 15-11-2023
Short-term price action is currently trading in a range between support levels around 148.75 and key resistance levels around 152. However, the prices are facing selling pressure in this area, which is hindering the upward momentum. It is expected that the selling pressure will continue near the mentioned resistance zone until it is breached to the upside.

Support

 148.75 148.50 147.50
Resistance 152 –

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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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