USDJPY 24.9.2024

Technical Analysis
Tuesday, September 24, 2024 - 10:51
Point Trader Group

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

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


Related Topics

REQUEST A CALL BACK

Get financial advice from Point trader group experts.

YOU CAN TRUST POINT TRADER GROUP

For free expert financial advice.