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USDJPY: Key Levels to Watch 🇺🇸🇯🇵
U.S. Dollar / Japanese Yen
Short
USDJPY: Key Levels to Watch 🇺🇸🇯🇵
By VasilyTrader
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Dec 20, 2022
2
1
10
10
Dec 20, 2022
USDJPY dropped sharply.
Here are the key levels for you to watch.
Support 1: 130.4 - 131.8 area
Support 2: 126.3 - 126.9 area
Resistance 1: 133.6 - 134.55 area
Resistance 2: 137.8 - 138.7 area
The price violated a key structure, it turned into Resistance 1.
The pair will most likely keep falling, at least to Support 1.
Consider the underlined structure for pullback/breakout trading.
❤️If you have any questions, please, ask me in the comment section.
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dollar
Forex
japaneseyen
jpy
Pivot Points
Supply and Demand
Support and Resistance
trading
USD
USDJPY
DJ FXCM Index
yen
VasilyTrader
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