Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/JPY Sybmol in 30M Time Frame Chart is: 150.85 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: 151.60
- Resistance Level 2: 151.20
- Resistance Level 1: 150.85
Technical analysis of USD/JPY: Support Lines of Day in 30M Time Frame:
- Support Level 1: 150.10
- Support Level 2: 149.70
- Support Level 3: 149.40
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 150.85 with first target at 150.10 and second target at 149.70 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 150.85 with first target at 151.20 and second target at 151.60 in extension as take profits