USDJPY met the target of 149.35 last week while the market managed to hit a rebound.
As we see over the chart, the market has a support zone at 148.60-149.35 which could push for a trading zone toward 150.90 and 152.30-50.
Below 148.60 more of a drop will be expected with support around 147.40 and 145.90
Above 152.50 more advance will be expected with resistance around 154.50-80.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 148.60 | 150.90 |
| LEVEL2 | 147.40 | 152.30-50 |
| LEVEL3 | 145.90 | 154.50 |
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Financial Market Newsflash
Tuesday, April 22, 2025
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