Technical Analysis : USD/JPY 1 February 2022

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

Forex Technical Analysis : USDJPY 1 February 2022

Forex Technical Analysis : USDJPY

Date : 1 February 2022

Pivot point : 115.30

Our preference : short positions below 115.30 with targets at 114.90 & 114.75 in extension.

Alternative scenario : above 115.30 look for further upside with 115.45 & 115.60 as targets.

Comment : as long as the resistance at 115.30 is not surpassed, the risk of the break below 114.90 remains high.

Supports and resistances :

115.60 **
115.45 *
115.30
115.09 – Last price
114.90
114.75 *
114.60 **

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

Source : Trading Central

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