USD/JPY Bounces Back After Sell-Off
After encountering sharp selling pressure, the USD/JPY pair swiftly recovered. The initial resistance in the pair still stands at 157.40. A breakthrough above this level would highlight the significance of 158.00 and 158.50 as key levels to watch. On the downside, the first support is at 156.60, followed by 156.20 and 155.80, respectively.
|
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
|
158.50 |
158.00 |
157.40 |
156.60 |
156.20 |
155.80 |