💹 USDJPY 5th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 149.739 🔄

USDJPY trades above immediate support (149.130) and below critical resistance (150.058).

🔑 Key Technical Levels

🛑 Resistance Zones (Sell Zones)

R3: 151.049 🚨 (Major resistance)

R2: 150.366 🔻 (Secondary resistance)

R1: 149.944 ⚠️ (Short-term resistance)

🟢 Support Zones (Buy Zones)

S1: 149.130 📌 (Critical support)

S2: 148.578 🔼 (Secondary support)

S3: 147.628 🛡️ (Long-term floor)

Swing High: 154.804 | Swing Low: 148.562

📊 Technical Indicators

RSI: Neutral at 52 (no divergence observed).

MACD: Bullish momentum weakening near 150.058 resistance.

Fibonacci Levels: 61.8% retracement aligns with S1 (149.130), signaling a potential reversal zone.

💡 Trade Setups

🟢 Intraday Buy Setup

Entry: 149.130 📍 (Critical support)

Stop Loss: 148.562 🚫 (Below Swing Low)

Take Profit 1: 149.739 🎯 (DCMP retest)

Take Profit 2: 150.058 🚀 (Key resistance)

Rationale: Rebound expected at Fib-aligned support (149.130) with bullish MACD convergence.

🔴 Intraday Sell Setup

Entry: 150.058 📍 (Weekly pivot resistance)

Stop Loss: 151.049 🚫 (Above R3)

Take Profit 1: 149.130 🎯 (Critical support)

Take Profit 2: 148.578 🚀 (Secondary support)

Rationale: Rejection at 150.058 resistance likely amid weakening bullish momentum and RSI neutrality.

📉 Market Outlook

USDJPY faces a tug-of-war between 149.130 support and 150.058 resistance. A break below 149.130 risks decline to 148.578, while sustained trade above 150.058 could target 150.366.

🔔 Watch: Price reaction at DCMP (149.739) for intraday bias confirmation.

📌 Summary

Key Supports: 149.130 → 148.578 → 147.628

Key Resistances: 149.944 → 150.366 → 151.049

Swing Levels: High at 154.804 | Low at 148.562

Price Bias: Neutral with bearish risks below 149.130.

Trade with strict risk management! 💼⚡