VasilyTrader

USDJPY: Key Levels to Watch This Week 🇺🇸🇯🇵

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen

Hey traders,

Here is my latest structure analysis for USDJPY:

Support 1: 141.5 - 142.6 area
Support 2: 138.85 - 139.35 area
Support 3: rising trend line

Resistance 1: 144.55 - 145.0 area
Resistance 2: 146.5 - 147.6 area

The price is currently stuck between Support 1 & Resistance 1 composing a horizontal range.
For now, you can consider range trading, buying support / selling resistance.
To catch the next move, wait for a breakout of one of its boundaries,
it will initiate a move to Support 2 / Resistance 2.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️


✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.