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VasilyTrader
Nov 17, 2023 11:12 AM

USDJPY: Important Key Levels to Watch 🇺🇸🇯🇵 Long

OANDA:USDJPY1D
USD/JPYOANDA

Description

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USDJPY started to fall rapidly.
Here are the important key levels to watch.

Vertical Structures

Vertical Resistance 1: Broken rising trend line

Horizontal Structures:

Support 1: 148.75 - 149.21 area
Support 2: 148.15 - 148.50 area
Support 3: 147.41 - 147.56 area

Resistance 1: 150.05 - 150.38 area
Resistance 2: 151.71 - 151.94 area

Consider these structures for pullback/breakout trading.

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Comment

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The market closed, respecting Support 1
Support and ResistanceSupply and DemandTrend LinesUSDJPYDJ FXCM IndexUSDdollarjapaneseyenjpyForextradingTechnical Analysis
Comments
VasilyTrader
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Do you agree with my key levels?
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