USD/JPY Intraday Bullish
Pivot point: 103.96
USDJPY succeeded to rebound and broke all resistance, now experiencing a strong bullish trend. If the bullish sustains, then the pair might recover to the resistance of 104.34 and extend further to 104.57. However, if the bear strikes then the pair could fall to 103.73 and possibly break the second support level of 103.35.
Resistance level 1: 104.34 Resistance level 2: 104.57 Resistance level 3: 104.95
Support level 1: 103.73 Support level 2: 103.35 Support level 3: 103.11
Pivot point: 103.96
USDJPY succeeded to rebound and broke all resistance, now experiencing a strong bullish trend. If the bullish sustains, then the pair might recover to the resistance of 104.34 and extend further to 104.57. However, if the bear strikes then the pair could fall to 103.73 and possibly break the second support level of 103.35.
Resistance level 1: 104.34 Resistance level 2: 104.57 Resistance level 3: 104.95
Support level 1: 103.73 Support level 2: 103.35 Support level 3: 103.11