USD/JPY Gains Momentum in Reversal Mode, Targets 148.30 with Dollar Weakness
The USD/JPY pair is capitalizing on the overall weakness of the dollar and is supported by improving fundamentals, marking a shift into a reversal mode with a targeted upward movement set at 148.30. This positive trajectory is fueled by a combination of factors, including a more favorable economic backdrop, indicating a potentially sustained upward trend for the currency pair.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
153.50 |
152.00 |
150.00 |
148.00 |
146.50 |
144.80 |