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FX.co ★ remington.kihn | USD/JPY

USD/JPY

USD/JPY

. 15-minute chart. The instrument is trading above the daily pivot level FPV: 161.699. If the price continues to move upwards, the target may be the resistance level R3: 162.051. If the price drops below the MA84 -161.750, which is near a series of support levels on higher timeframes, the target for the decline may be the daily pivot level. In case of further downward movement, the following support levels may be the targets: yLow: 161.489, H4 Sup C:161.435, S3: 161.347. If the decline continues below the level S3: 161.347, the next targets for the decline may be the following levels: W1 Res C:161.301, D1 Sup:160.63, W1 Sup:159.727, MN1 Res C:159.275.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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