USDJPY: Key Levels to Watch 🇺🇸🇯🇵

٢٠ ديسمبر ٢٠٢٢

USDJPY dropped sharply.
Here are the key levels for you to watch.

Support 1: 130.4 - 131.8 area
Support 2: 126.3 - 126.9 area

Resistance 1: 133.6 - 134.55 area
Resistance 2: 137.8 - 138.7 area

The price violated a key structure, it turned into Resistance 1.
The pair will most likely keep falling, at least to Support 1.

Consider the underlined structure for pullback/breakout trading.

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