USD/JPY Forecast. The price tests the resistance – 27-09-2024

usd_jpy_forex_2The USDJPY price tested 145.36 resistance line without managing to breach it, to remain stuck between the trend keys represented by the mentioned resistance and 143.90 support, which makes us continue with our neutrality until the price confirms surpassing one of these levels followed by detecting the next destination clearly.

We remind you that breaching the resistance will push the price to continue the rise and visit 147.00 mainly, while breaking the support represents the key to resume the main bearish wave and head towards 141.75 followed by 140.24 areas as next negative stations.

The expected trading range for today is between 144.20 support and 145.90 resistance

Trend forecast: Neutral

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