USDJPY 7-12-2023

Technical Analysis

By Shady Fouad On Dec 7, 2023

USDJPY 7-12-2023.

USD-JPY broke the support levels at 147-146.8 downwards. If prices continue to stay below these levels, our target could be 144.50. However, this scenario will be invalidated if the prices rise again above 147.

Support	146.20	144.50	–
Resistance	147	148.5	150

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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