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$51.06
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$51.04
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USDJPY 16-10-2023 .

0 45

USDJPY 16-10-2023 .
Prices continue to trade within the ascending channel, were the upper boundary of the channel matches with a significant resistance area at the 150.50 zone. Prices are facing selling pressure at this level, which is limiting the upward momentum. It is expected that the selling pressure will persist at the aforementioned resistance area until it is successfully breached.

Support

148.30 147.90 147.15
Resistance 194.30 150

152

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