USDJPY 24.6.2024
General trend: down.
Expected scenario:
The pair is trading below a strong resistance level around 160, which enhances its chances of falling to 157 – 156.50.
Alternative scenario:
The scenario turns bullish with a break of 160, targeting 160.50 - 170
The most important levels
resistance:
160.00 – 160.50
support:
156.50 – 157.00
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