FX.co ★ USD/JPY

USDJPY: M15 Chart. The instrument is trading below the daily pivot level FPV: 143.734. If the decline continues, I expect a move towards the H4 support level Sup C: 143.041 at most. Then, the price is likely to turn northwards, with the target possibly being the H4 resistance level Res: 144.693. If the price continues moving northward beyond this resistance level, the next target could be the resistance level R5: 146.153.