USDJPY: Key Levels to Watch 🇺🇸🇯🇵

١٦ نوفمبر ٢٠٢٢

Here is my latest structure analysis for USDJPY:

Resistance 1: 140.37 - 142.47 area
Resistance 2: 145.1 - 145.6 area
Resistance 3: 148.3 - 148.9 area
Resistance 4: 151.34 - 151.92 area

Support 1: 137.48 - 138.0 area
Support 2: 135.16 - 136.45 area
Support 3: 130.38 - 131.75 area

The price is currently stuck between Resistance 1 and Support 1.
The future direction of the market will be determined by a breakout of one of these structures.
Alternatively, consider pullback trading from them

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