USDJPY - Technical Analysis

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USDJPY - Technical AnalysisUSD/JPYOANDA:USDJPYEvarMayi Holding above the 153.55 level indicates bullish momentum toward the resistance line at 155.85. A breakout above this resistance level will push the price further toward 156.70. Conversely, if the price breaks below 153.50 and holds with a confirmed 1-hour candle close below the pivot level, the direction will turn downward toward 152.90 and subsequently 152.00. Resistance Levels: 155.85 – 156.70 Support Levels: 152.90 – 152.00