Thursday, October 15, 2026

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FxWirePro: Sell USD/JPY around 124-124.10 with SL around 124.60 for the TP of 123/122.70

USD/JPY has once again made a low of 123.68 and slightly recovered from that level. Intraday trend is still weak as long as resistance 124.60 holds. The minor intraday resistance is around 124.20 and break above targets …

By Lis Howell
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/JPY has once again made a low of 123.68 and slightly recovered from that level.
  • Intraday trend is still weak as long as resistance 124.60 holds.
  • The minor intraday resistance is around 124.20 and break above targets 124.65/125.
  • On the downside major support is around 123.50 and break below targets 123/122.70.

It is good to sell at 124-124.10 with SL around 124.60 for the TP of 123/122.70.

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By FxWirePro Team