USDJPY |
The price is trading around 145.33, and has already broken and stabilized above the pivot line at 144.93, which indicates a potential bullish continuation.
As long as it holds above this pivot, the pair may continue to push higher toward the resistance zone at 146.33, and if broken, could extend to 147.82.
However, short-term retracement to test the pivot area again is possible before resuming the bullish trend.
Pivot: 144.93
Support: 144.50 – 144.26 – 143.84
Resistance: 146.33 – 147.82 – 149.92
The price is trading around 145.33, and has already broken and stabilized above the pivot line at 144.93, which indicates a potential bullish continuation.
As long as it holds above this pivot, the pair may continue to push higher toward the resistance zone at 146.33, and if broken, could extend to 147.82.
However, short-term retracement to test the pivot area again is possible before resuming the bullish trend.
Pivot: 144.93
Support: 144.50 – 144.26 – 143.84
Resistance: 146.33 – 147.82 – 149.92
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.