Technical Analysis : USD/JPY 17 December 2021

Forex Technical Analysis : USDJPY

Date : 17 December 2021

Pivot point : 113.90

Our preference : short positions below 113.90 with targets at 113.35 & 113.20 in extension.

Alternative scenario : above 113.90 look for further upside with 114.05 & 114.20 as targets.

Comment : the RSI is mixed to bearish.

Supports and resistances :

114.20 **
114.05 *
113.90
113.53 – Last price
113.35
113.20 *
113.05 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.