USDJPY 9.10.2024

Technical Analysis
Wednesday, October 09, 2024 - 12:52
Point Trader Group

Overall Trend: Bullish

Expected Scenario:

The pair is expected to continue rising if it breaks above the resistance at 149.47. A successful breakout could lead the price towards the next target at 151.95.

Alternative Scenario:

If the price fails to break through the resistance, we may see a pullback towards the support level at 147.13.

Key Levels:

Resistance: 149.47 – 151.95

Support: 147.13 – 140.23

  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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