Technical Analysis : USD/JPY 1 April 2022

1 April 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 1 April 2022

Forex Technical Analysis : USDJPY

Date : 1 April 2022

Pivot point : 121.95

Our preference : long positions above 121.95 with targets at 123.00 & 123.40 in extension.

Alternative scenario : below 121.95 look for further downside with 121.60 & 121.25 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

123.75 **
123.40 *
123.00
122.62 – Last price
121.95
121.60 *
121.25 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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