USD JPY is moving within the 145.830–150.900 range

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General outlook

USDJPY has been trading in a sideways market within the last day.

Support levels are now located at 145.830 and 141.900.

If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.

Now, the resistance level is located at 150.900.The upcoming news will not influence your orders within the mentioned period.

Some traders may close their positions on Friday, which can add more pressure to the market.