Technical Analysis : USD/JPY 14 March 2022

14 March 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 14 March 2022

Forex Technical Analysis : USDJPY

Date : 14 March 2022

Pivot point : 117.35

Our preference : long positions above 117.35 with targets at 118.20 & 118.50 in extension.

Alternative scenario : below 117.35 look for further downside with 117.05 & 116.75 as targets.

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

Supports and resistances :

118.75 **
118.50 *
118.20
117.77 – Last price
117.35
117.05 *
116.75 **

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

Source : Trading Central

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