FX.co ★ USD/JPY

Hello traders, The USD/JPY pair on the H1 timeframe is trading below the day's opening level of 154.65 and near the daily Pivot level of 154.53. The main indicators are showing a neutral signal, and the price is trading close to the MA72 trend line, where volume unloading usually occurs. Above the 154.53 level, the price will move towards 153.75 and potentially reach 154.95. Below the 154.53 level, the pair's descent will continue towards 154.10 and possibly 153.75. USD/JPY is trading above the monthly Pivot level of 151.65 (previous 147.78), above the weekly Pivot level of 153.56, and near the daily Pivot level, indicating a bullish sentiment for the pair. The pivot level for this session is at 154.53. The first resistance level is at 154.73, and the first support level is at 154.30.