💹 USDJPY Daily Analysis Based on Key Levels – April 21, 2025

Current Market Price (DCMP): 🌐 140.778

🔑 Critical Levels

Resistance (Above DCMP):

R1: 141.097 🛑 (Immediate Ceiling)

R2: 142.448

R3: 142.718

Support (Below DCMP):

S1: 140.154 🟢 (Strong Floor)

S2: 141.680

S3: 142.010

📊 Technical Landscape

• Swing High: 151.214

• Swing Low: 142.054

Price testing mid-range after recent pullback from highs

• RSI: 54 (Neutral with bullish bias)

• MACD: Bullish momentum fading on 4H chart

• Fib Levels: 38.2% retracement at 140.154 aligns with S1

💡 Intraday Trade Setups

1️⃣ Buy Setup

• Entry: 140.154 🟩

• Stop Loss: 139.800 🛑

• Take Profit 1: 141.097 ✅

• Take Profit 2: 142.010 ✅

Trigger: Bullish reversal candlestick at S1

2️⃣ Sell Setup

• Entry: 141.097 🟥

• Stop Loss: 141.500 🛑

• Take Profit 1: 140.154 ✅

• Take Profit 2: 139.800 ✅

Trigger: Bearish rejection at R1 with overbought RSI

🎯 Conclusion

USDJPY shows consolidation between 140.154-141.097. Favor buying dips near Fib support and selling rallies at resistance. Monitor BoJ commentary for fundamental triggers.