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The weekly and monthly pivot chart for the USD/JPY pair indicates that the pivot points are placed according to the last week highs and lows.
Recommendations to work at these levels:
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Sell Short at 80.10 with the Take Profit at 79.07
____WEEKLY_____Weekly - R3 = 81.99Weekly - R2 = 80.88Weekly - R1 = 80.18Weekly Pivot = 79.07Weekly - S1 = 78.37Weekly - S2 = 77.26Weekly - S3 = 76.56
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____MONTHLY____Monthly - R3 = 82.27Monthly - R2 = 81.43Monthly - R1 = 79.87Monthly Pivot = 79.03Monthly - S1 = 77.47Monthly - S2 = 76.63Monthly - S3 = 75.07
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