USDJPY managed to hold below the 150.15 resistance and dropped to close towards the target of 147.40.
As we see over the Intraday chart and as long as the market holds below 148.40-90, more of a drop to test the support 147.30-40 will be expected which in turn could push for a rebound.
Below 147.30 more of a drop toward 145.90 will be expected.
Above 148.90 more rebound could hit the market with resistance at 150.15.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 147.30-40 | 148.40-90 |
| LEVEL2 | 145.90 | 150.15 |
| LEVEL3 | 143.40 | 151.30 |
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Financial Market Newsflash
Tuesday, April 22, 2025
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