VasilyTrader

USDJPY: Detailed Structure Analysis 🇺🇸🇯🇵

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

USDJPY went up as I predicted.

Here are the important key structures to watch.

Vertical Structures

Vertical Resistance 1: Falling trend line

Vertical Support 1: Falling trend line

Horizontal Structures

Support 1: 140.9 - 141.9 area
Support 2: 137.2 - 138.1 area

Resistance 1: 146.2 - 146.8 area
Resistance 2: 148.2 - 148.6 area
Resistance 3: 149.6 - 150.4 area
Resistance 4: 151.7 - 152.0 area

Consider these structures for pullback/breakout trading.

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