Technical analysis of USD/JPY 05/03/2024

The USD/JPY currency pair at (1D) is in a downward correction as part of an uptrend.

The pair updated its historical high at 160.17 and is currently trading at 153.00.

The technical picture suggests continued growth of the pair after a downward correction.

Support Levels:

1. 152.50 (38.2% Fibo)

2. 150.20 (50% Fibo)

3. 148.00 (61.8% Fibo), (MA100), (MA200).


Created by Joshua Hayn

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