Technical Analysis : USD/JPY 10 February 2022

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

Forex Technical Analysis : USDJPY 10 February 2022

Forex Technical Analysis : USDJPY

Date : 10 February 2022

Pivot point : 115.35

Our preference : long positions above 115.35 with targets at 115.65 & 115.80 in extension.

Alternative scenario : below 115.35 look for further downside with 115.20 & 115.05 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

116.00 **
115.80 *
115.65
115.52 – Last price
115.35
115.20 *
115.05 **

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

Source : Trading Central

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