USDJPY 17.4.2024

Technical Analysis
Wednesday, April 17, 2024 - 12:41
Point Trader Group

General trend: up.
Expected scenario:
The pair is trading above the 152 level, which may push it further upward, but it is better to wait until the pair reaches this level, after which it is possible to enter to buy again to target 154.
Alternative scenario:
The scenario turns bearish with a break of 151.90 yen to target 150 yen.
The most important levels
resistance:
154.00 – 155.00
support:
151.90 – 150.00

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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