USD/JPY: Support Break and Potential Continued Decline?
Hello all!
The USD/JPY pair has broken the 154 support level and is heading toward the next support zone around 150-152. However, this support level doesn’t seem significant, and with U.S. labor market data coming out on Friday, we might see continued downward movement.
📉 Main support level: 149-149.50, where we expect the week to close.
We’re keeping an eye on developments and preparing for potential moves within these zones!
#USDJPY #Forex #Trading #TechnicalAnalysis #Finance
The USD/JPY pair has broken the 154 support level and is heading toward the next support zone around 150-152. However, this support level doesn’t seem significant, and with U.S. labor market data coming out on Friday, we might see continued downward movement.
📉 Main support level: 149-149.50, where we expect the week to close.
We’re keeping an eye on developments and preparing for potential moves within these zones!
#USDJPY #Forex #Trading #TechnicalAnalysis #Finance
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