USDJPY tested the 148.60 support few days ago and hit the target and resistance of 149.95 and closed from the second target today at 150.75.
If the market holds above 148.60, a rebound correction toward 152.30-50 is still expected.
Intraday resistances are at 149.95 and 150.75.
Intraday resistances are at 150.75 which could create a trading zone toward 150.00-15 or 149.15-25.
Above 150.75 the advance wave could expand toward the third target at 152.30-50.
Below 148.60 more of a drop could hit the market toward 147.40 and 145.90.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 150.00-15 | 150.75 |
| LEVEL2 | 149.15-25 | 152.30-50 |
| LEVEL3 | 148.60 | 154.00 |
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Financial Market Newsflash
Tuesday, April 22, 2025
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