USDJPY: Updated Support & Resistance Analysis 🇺🇸🇯🇵
US DOLLAR VS JAPANESE YEN TRADENATION:USDJPY
Here is my latest structure analysis for USDJPY:
Resistance 1: 157.88 - 158.00 area
Resistance 2: 160.48 - 161.11 area
Resistance 3: 161.26 - 162.15 area
Resistance 4: 163.80 - 164.00 area
Support 1: 155.00 - 155.50 area
Support 2: 153.50 - 154.66 area
Support 3: 152.09 - 152.69 area
The market will likely continue recovering after intervention.
Consider these structures for pullback/breakout trading.
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