USDJPY 24.6.2024

Technical Analysis
Monday, June 24, 2024 - 11:38
Point Trader Group

General trend: down. 
Expected scenario:
The pair is trading below a strong resistance level around 160, which enhances its chances of falling to 157 – 156.50.
Alternative scenario:
The scenario turns bullish with a break of 160, targeting 160.50 - 170
The most important levels
resistance:
160.00 – 160.50
support:
156.50 – 157.00

  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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