USD/JPY Supply At 158.349
Research preview
USD/JPY Hourly, Daily And Weekly Candle Charts USD/JPY is trading near 158.592 against the daily pivot at 159.511, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. USD/JPY H1 candlestick chartAcross the hourly tape with price near 158.592 has a downside tilt while recoveries fail quickly. The price-action test is buyers held the latest candle above its open inside a 158.325-158.614 candle range, the recent sequence is still leaning lower, while price is testing support near S1 159.245. The trade idea needs the next hourly close should either defend the reaction zone or expose a false start; In relation to invalidation,...
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