USD/JPY Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The USD/JPY is currently trading above the 149.000 mark, showing upward momentum as it moves towards the 151.000 price resistance level. If this resistance level is successfully breached, the pair could see further upward movement, potentially testing the next resistance level at 152.100. However, if there is any bearish pressure, the price could retrace, with key support levels at 148.200 and 146.600 coming into focus.



These support levels will be important to watch as they may act as a cushion against further declines, potentially influencing the next direction of the currency pair.
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