The weekly and monthy pivot chart for the USD/JPY pair indicates that the pivot points are placed according to the last week highs and lows.

The pivot point should be the first place to look to open a trade.

The more times a currency pair touches the pivot level and then return, the stronger is the level.

Recommendations to operate these levels:

• If the price is in the PP (Pivot Point), expects a move to R1 or S1
• If the price is R1, waiting for a move to R2 or back towards PP
• If the price is in S1, waiting for a move to S2 or back towards PP
• If the price is R2, waiting for a move back to R3 or R1
• If the price is in S2, waiting for a move back to S3 or S1.
• No news, important to influence the market, probably the price moves to pivot S1 or R1
• If news, important to influence the market, the price may be sent directly to R2 or S2 or S3 and R3 reach.

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____WEEKLY_____
Weekly - R3 = 81.34
Weekly - R2 = 80.53
Weekly - R1 = 80.27
Weekly Pivot = 78.46
Weekly - S1 = 77.20
Weekly - S2 = 76.39
Weekly - S3 = 75.13

____MONTHLY____
Monthly - R3 = 82.27
Monthly - R2 = 81.43
Monthly - R1 = 79.87
Monthly Pivot = 79.03
Monthly - S1 = 77.47
Monthly - S2 = 76.63
Monthly - S3 = 75.07