FX.co ★ remington.kihn | USD/JPY

Pair USD/JPY on Н1 period is trading near the day's opening level at 155.12 and above the daily Pivot level at 155.04. The main indicators show a bearish trend, and the price is trading below the 72-period Moving Average trend line, where volume unloading usually occurs. Above the level of 155.15, the price will move towards the level of 155.25 and potentially to the level of 155.61. Below the level of 155.15, the pair's descent will continue towards the level of 154.35 and possibly to the level of 154.15. USD/JPY is trading below the monthly Pivot level at 155.61 (previous 151.65), below the weekly Pivot level at 156.32, and above the daily Pivot level, indicating a corrective sentiment for the pair. The pivotal level for this session is at the daily Pivot level of 155.15. The first resistance is at the level of 155.25, and the first support is at 154.35.