USDJPY 22-1-2024.
Prices are trading above the crucial support zone at 147.5, and it is likely that prices will move in a sideways range between the mentioned support zone and 148.8. In the event of breaking above it, we may target 150.0. This scenario would be invalidated with a breakdown below the support zone at 147.50 to the downside.
Support |
147.8 | 147.8 | 146.3 |
Resistance | 149.15 | 149.6 |
150 |