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boost, if you're bearish

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boost, if you're bullish?

3 hours ago

📊USDJPY 27th December 2024 Daily Analysis Based on Main Key Levels

📍 Daily Current Market Price (DCMP)

The current market price for USDJPY is 157.758. This serves as a crucial reference point for identifying trading opportunities.

📉 Key Levels

🛑 Resistance (Above DCMP)
Resistance 1: 157.657
Resistance 2: 158.783
Resistance 3: 160.605

✅ Support (Below DCMP)
Support 1: 157.729
Support 2: 154.014

📉 Swing Levels
Swing High: 156.751
Swing Low: 148.644

Summary of Analysis
As of the latest evaluation, the USDJPY market is positioned at 157.758. Key resistance levels above this price include 157.657, 158.783, and 160.605. The support levels below this price are 157.729 and 154.014. The swing high is noted at 156.751, while the swing low is at 148.644.

Suggested Trades

💼 Intraday Buy Trade

Entry Price: ✨ 157.657
Stop Loss: ❌ 157.343
Take Profit 1: 🎯 157.758
Take Profit 2: 🎯 157.729

📌 Reason for Entry
The price is approaching a key support level at 157.657, indicating a favorable buying opportunity based on technical analysis.

💼 Intraday Sell Trade

Entry Price: ✨ 158.783
Stop Loss: ❌ 158.115
Take Profit 1: 🎯 158.353
Take Profit 2: 🎯 160.605

📌 Reason for Entry
Resistance at 158.783 suggests a potential selling opportunity, with targets set below this level.

Conclusion
This analysis provides a concise overview of key levels and trade opportunities for USDJPY. By monitoring these levels, traders can make informed decisions in the current market environment. Stay tuned for more insights and happy trading!

3 hours ago

check idea before entry
Buy Signal:
entry: 157.793
tp1: 158.000
tp2: 158.500
sl: 157.173

Sell Signal:
entry: 158.000
tp1: 157.793
tp2: 157.173
sl: 158.500
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