USDJPY 5.3.2025

Technical Analysis
Wednesday, March 05, 2025 - 12:08
Point Trader Group

General Trend:

The general trend is bearish with some fluctuations, as the price is attempting to rebound from a strong support zone, which may lead to a corrective rise.

Expected Scenario:

Bullish Scenario:

Holding above 148.86 will support further upward movement towards 151.26.

If 151.26 is broken, the price could extend its rise to 153.00.

Bearish Scenario:

Breaking the 148.26 support may lead the price to decline towards 146.50.

A continued drop below 146.50 will increase negative pressure, targeting 144.80.

Key Levels:

Resistances: 151.26 - 153.00 - 155.00

Supports: 148.86 - 148.26 - 146.50

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


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