USD/JPY Intraday Bullish
Pivot point: 105.36
Resistance level 1: 105.76 Resistance level 2: 105.95 Resistance level 3: 106.35
Support level 1: 105.17 Support level 2: 104.77 Support level 3: 104.58
Comment: USDJPY soared and broke above all resistance level. If the bullish sustains, then the pair might push to the resistance of 105.76 and extend further to 105.95. However, if the bear strikes then the pair could fall to 105.17 and possibly break the second support level of 104.77.
Pivot point: 105.36
Resistance level 1: 105.76 Resistance level 2: 105.95 Resistance level 3: 106.35
Support level 1: 105.17 Support level 2: 104.77 Support level 3: 104.58
Comment: USDJPY soared and broke above all resistance level. If the bullish sustains, then the pair might push to the resistance of 105.76 and extend further to 105.95. However, if the bear strikes then the pair could fall to 105.17 and possibly break the second support level of 104.77.