USD/JPY Distribution At 158.263
Research preview
Scenario plan Scenario Confirmation Invalidation Bullish continuation D1 close above 158.467, then retest holds. Back below pivot 158.618 Range continuation Price keeps rejecting both nearest support and resistance. Clean D1 close outside the range Bearish continuation D1 close below 158.263, then failed retest. Back above pivot 158.618 USD/JPY Pivot And Support Resistance Levels The level structure is where the model view becomes tradable or gets rejected. USD/JPY is mapped against a daily pivot at 158.618, with first resistance near 159.191 and first support near 157.593. The weekly pivot sits at 158.876, with weekly R1 at 159.914 and weekly S1 at 158.188, giving the session a wider support and resistance framework....
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