Technical Analysis : USD/JPY 11 November 2021

11 November 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 11 November 2021

Forex Technical Analysis : USDJPY

Date : 11 November 2021

Pivot point : 113.60

Our preference : long positions above 113.60 with targets at 114.30 & 114.50 in extension.

Alternative scenario : below 113.60 look for further downside with 113.40 & 113.20 as targets.

Comment : the RSI advocates for further upside.

Supports and resistances :

114.70 **
114.50 *
114.30
113.94 – Last price
113.60
113.40 *
113.20 **

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

Source : Trading Central

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