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March 23, 2026
NEWS: USDJPY price is falling -0.9% after president Trump announced a 5-day pause in hostilities to allow for negotiations, weighing on the U.S. dollar.
Possible Scenarios:
If USDJPY fails to breach through S1 of 157.73, our Analysis Department expects USDJPY to undergo a short- term upward correction.
If USDJPY manages to break below its S1 of 157.73, our Analysis Department expects the USDJPY to extend its losses to its S2 of 157.32
Support and Resistance Levels:
|
USDJPY |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
156.91 |
157.32 |
157.73 |
158.28 |
158.83 |
159.24 |
159.65 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $63.2 |
(+/-) €54.35 |
(+/-) £46.95 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16275
***GBP/USD = 1.34603
Calculations for exchange rate used as of Monday, March 23, 2026, 2:29: PM