USD/JPY Past 163.936: Breakout Targets

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USD/JPY Past 163.936: Breakout Targets

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USD/JPY Hourly, Daily And Weekly Candle Charts USD/JPY is trading near 163.841 against the daily pivot at 163.608, 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 163.841 remains two-sided around the working levels. The desk is watching buyers held the latest candle above its open inside a 163.799-163.855 candle range, the recent sequence is compressed and two-sided, while price remains above pivot 163.608. The next useful filter is the next hourly close should either defend the reaction zone or expose a false start; From a risk-control angle, a break back...

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