Technical Analysis : USD/JPY 16 November 2021

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

Forex Technical Analysis : USDJPY 16 November 2021

Forex Technical Analysis : USDJPY

Date : 16 November 2021

Pivot point : 114.00

Our preference : long positions above 114.00 with targets at 114.30 & 114.50 in extension.

Alternative scenario : below 114.00 look for further downside with 113.90 & 113.75 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

114.70 **
114.50 *
114.30
114.25 – Last price
114.00
113.90 *
113.75 **

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

Source : Trading Central

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