💹 USDJPY 21st February 2025 Daily Analysis Based on Main Key Levels

Market Snapshot 📌

Daily Current Market Price (DCMP): 150.406

Swing High: 150.929 | Swing Low: 148.112

Key Levels Relative to DCMP 🎯

Below DCMP (Support):

Immediate Support: 149.372 🛡️

Strong Support: 148.891 🛡️

Critical Floor: 148.112 🛡️

Above DCMP (Resistance):

Immediate Resistance: 150.929 ⚔️

Strong Resistance: 151.410 ⚔️

Upper Barrier: 152.188 ⚔️

Technical Analysis 🔍

Fibonacci Zones:

38.2% retracement at 149.372 aligns with primary support.

61.8% extension targets 152.188 resistance.

Momentum Indicators:

RSI at 48 shows slight bearish bias.

MACD histogram flattens near zero line.

Intraday Trade Setups ⚡

1️⃣ Intraday Buy Trade

Entry: 🎯 149.217 (Strong Weekly Support)

Stop Loss: 🚫 148.112 (Critical Floor)

Take Profit 1: ✅ 150.150 (Daily Pivot)

Take Profit 2: ✅ 150.929 (Key Resistance)

2️⃣ Intraday Sell Trade

Entry: 🎯 150.580 (Price Rejection Zone)

Stop Loss: 🚫 152.188 (Upper Barrier)

Take Profit 1: ✅ 149.372 (Immediate Support)

Take Profit 2: ✅ 148.891 (Strong Support)

Strategic Insight 🔥

USDJPY tests equilibrium near 150.406. Critical triggers:

Sustained close above 150.929 → Rally toward 152.188.

Breakdown below 149.372 → Accelerated drop to 148.112.

Execute trades with 1:2 risk-reward ratio. Confirm moves with bullish/bearish candlestick patterns.

🔔 Pro Tip: Trade against crowded liquidity pools – fade false breakouts at tested resistance/support clusters.