Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/JPY Sybmol in 30M Time Frame Chart is: 1.1775 and Preferred situation is Bullish.
Forex Daily Support and Resistance Lines:
Technical analysis of USD/JPY: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: —
- Resistance Level 2: 1.1850
- Resistance Level 1: 1.1830
Technical analysis of USD/JPY: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.1775
- Support Level 2: 1.1750
- Support Level 3: 1.1730
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.1775 with first target at 1.1830 and second target at 1.1850 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.1775 with first target at 1.1750 and second target at 1.1730 in extension as take profits
