Technical analysis of USD/JPY 12/20/2024
The USD/JPY currency pair on (1D) completed a downward correction and resumed an uptrend.
The pair broke through the resistance level of 156.70, which has now become a support and is currently trading in the area of 157.20.
The technical picture suggests the development of an upward trend with the nearest target in the area of the level of 161.70 (annual high).
Created by Joshua Hayn
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