USDJPY Faces Strong Resistance at 151.20

1 Nis

USDJPY Faces Strong Resistance at 151.20

USDJPY tested a strong resistance zone near 151.20. The initial reaction was solid, reinforcing the importance of this level.

Sellers appear to be defending 151.20, as the price has moved down twice after testing the area, successfully halting bullish momentum both times.

If this resistance holds, USDJPY could continue its downward move toward these targets: 🎯 148.85 🎯 148.20 🎯 146.95 🎯 145.80

You may find more details in the chart!
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