USD/JPY Trends Below Resistance; Support Holds
The USD/JPY currency pair is currently trading below the resistance point at 144.45. This condition has activated a downward movement, with recent lows around 142.75 attracting attention.
Market analysts note that support is emerging around the 142.10 level. As long as USD/JPY remains in this range, traders should monitor these developments closely.
This scenario underscores the importance of understanding support and resistance dynamics in the currency market.