#USD/JPY# JPY Pivot Points
Current Price: 147.36
Daily Pivot (P): 147.13
Key Levels:
Resistance 3 (R3): 148.57
Resistance 2 (R2): 148.05
Resistance 1 (R1): 147.65
Pivot Point: 147.13
Support 1 (S1): 146.73
Support 2 (S2): 146.21
Support 3 (S3): 145.81
Trade Entry Strategy:
🔥 Long Entries: Consider buying on tests of 146.58-147.00 support zone with tight stops below 146.50 and targets at 148.00-148.25. A break above 148.21 would signal stronger recovery toward 149.95.
💔 Short Entries: Sell on rallies to 148.00-148.25 resistance with stops above 148.50 and targets at 146.58 then 145.47. The BoJ rate decision risk makes this pair particularly volatile.
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