USD/JPY Simple Analysis

109
Hello Everyone 👋

Support (Buy Zone): 147.0 - 147.2

Resistance (Target Zone): 149.3 - 149.5

Current Price: 148.1 (bullish move)


What Could Happen?

✅ If price stays above 148.0 → It may rise toward 149.3 - 149.5 (target).
❌ If price drops below 147.8 → It may fall back to 147.0 (support).

Simple Trade Idea:

Buy near 147.8 - 148.0, target 149.3 - 149.5.

Stop Loss: Below 147.5 for risk management.

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.