USDJPY 24.9.2024
General Trend: Downtrend
Expected Scenario:
The price is expected to continue its corrective rise toward the 149.23 level, especially if it breaks the current resistance at 144.14. If positive momentum continues, we might see a rise toward 151.35.
Alternative Scenario:
If the price fails to break the resistance and drops back, it could test the support level at 140.23. If this level is broken, we may see a further decline toward 136.00.
Key Levels:
Resistance: 144.14 – 149.23 – 151.35
Support: 140.23 – 136.00
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