Chat with us, powered by LiveChatUSD/JPY Faces Resistance at 146.00, Performance Tied to Dollar Strength

USD/JPY Faces Resistance at 146.00, Performance Tied to Dollar Strength

USD/JPY Faces Resistance at 146.00, Performance Tied to Dollar Strength

USD/JPY Faces Resistance at 146.00, Performance Tied to Dollar Strength


The USD/JPY encountered resistance at 146.00. Although the rebound is limited, the pair's performance depends on the strength of the dollar. The Japanese Yen is currently weak, and the direction of the pair will be determined by the dollar's performance. The next resistance level is at 148.30, while the next support level is at 144.80.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

152.00

148.30

146.00

144.80

140.00

138.00

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