USD/JPY dropped to a 2-week low
Today, the USD/JPY pair is mainly declining from Y144.20 to Y142.85, reaching a 2-week low. On the hourly chart, the pair dropped below the moving average line MA (200) H1 (Y144.20), but on the four-hour chart it remains above MA (200) H4 (Y141.40). Technically speaking, the support of Y142.65 can keep prices from further decline. The upper bound of Y145.10 represents the resistance level.
⦁ Resistance levels are: Y144.20-30, Y144.70, Y145.10
⦁ Support levels are: Y142.65, Y141.60, Y141.20
