Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/JPY Sybmol in 30M Time Frame Chart is: 147.85 and Preferred situation is Bearish.
Forex Daily Support and Resistance Lines:
Technical analysis of USD/JPY: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 148.20
- Resistance Level 2: 148.00
- Resistance Level 1: 147.85
Technical analysis of USD/JPY: Support Lines of Day in 30M Time Frame:
- Support Level 1: 147.50
- Support Level 2: 147.35
- Support Level 3: 147.15
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 147.85 with first target at 147.50 and second target at 147.35 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 147.85 with first target at 148.00 and second target at 148.20 in extension as take profits