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FX.co ★ remington.kihn | USD/JPY

USD/JPY

USDJPY : M15 Chart. The instrument is trading above the daily pivot point (DPV) at 152.733. If the price continues to move upwards, the next possible target could be the resistance level R 3: 153.522 or R 4: 154.010. It is possible that the price might bounce off these levels and move downwards towards the daily pivot point. If the price continues to decrease below the daily pivot point, the target for the decline could be the MA336 level, which is near the support level S1: 152.432. A drop below MA336 could lead the price to the yLow level at 152.275. If the decline continues below the low level, the next potential support levels could be: S3: 151.944, S4: 151.457, D1 Sup C: 150.41.

USD/JPY

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