Technical Analysis : USD/JPY 15 December 2021

Forex Technical Analysis : USDJPY

Date : 15 December 2021

Pivot point : 113.60

Our preference : long positions above 113.60 with targets at 113.80 & 113.95 in extension.

Alternative scenario : below 113.60 look for further downside with 113.45 & 113.30 as targets.

Comment : a support base at 113.60 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

114.10 **
113.95 *
113.80
113.73 – Last price
113.60
113.45 *
113.30 **

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

Source : Trading Central

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