USDJPY Support and resistance
Current Price: Around 114.50-115.50 (subject to market fluctuations)
Resistance Levels: 116.00, 117.50, 119.00
Support Levels: 113.00, 112.00, 110.50
Trend Lines: The pair has been trending downwards since the peak in October 2021, with a short-term trend line around 117.00
Fibonacci Levels: 23.6% retracement of the 2021-2022 decline is around 112.50, while the 38.2% level is around 114.80
Pivot Points: Daily pivot points: S1-114.10, R1-115.80, R2-117.20
Resistance Levels: 116.00, 117.50, 119.00
Support Levels: 113.00, 112.00, 110.50
Trend Lines: The pair has been trending downwards since the peak in October 2021, with a short-term trend line around 117.00
Fibonacci Levels: 23.6% retracement of the 2021-2022 decline is around 112.50, while the 38.2% level is around 114.80
Pivot Points: Daily pivot points: S1-114.10, R1-115.80, R2-117.20
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(Mail - Empirecrowntrade@gmail.com)
(Telegram - @Empirecrowntrade)
(whats app code - wa.link/tjaycw )
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