Thu, 07 Aug 2025 09:00:06 GMT
ILS/JPY Technical analysis
After a sharp sell-off, the price has found temporary footing and is now moving sideways in a narrow range directly on top of the critical support level at 42.60.
The bearish outlook is strongly reinforced by the moving averages, which are stacked in a bearish formation and remain far above the current price, acting as heavy resistance. Furthermore, the slow-moving 100-period