The USD/JPY chart analysis suggests a potential bullish continuation for price with the following key resistance and support levels:
Resistance Levels:
The 1st resistance level at 148.68 is identified as a "Pullback resistance". This level represents a significant barrier for upward price movement.
The 2nd resistance level at 149.75 is also labeled as a "Pullback resistance", indicating another critical resistance zone.
Support Levels:
The 1st support level at 146.62 is described as an "Overlap support". It represents a key support level where buyers may step in.
The 2nd support level at 144.82 is noted as a "Pullback support". This level can serve as additional support below the first level.
