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Forex Analysis & Reviews: Technical analysis of USD/JPY
time 04.10.2022 09:46 AM
time Relevance up to, 05.10.2022 09:10 AM

USD/JPY:

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The chart shows the movement of USD/JPY in the 30-minute (M30) chart.

The sideways trend, in which the pair has been for almost a week, may end today.

If the quotes test the support level of £144.09 and breaks through it, the new target will be £143.00 per US dollar. But if it tests and breaks down the resistance level of £144.92, the pair will move up, breaking the downward trend.

Good luck!

Daniel Liderman,
Analytical expert of InstaForex
© 2007-2023
USDJPY
US Dollar vs Japanese Yen
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