Technical Analysis : USD/JPY 17 January 2022

Forex Technical Analysis : USDJPY

Date : 17 January 2022

Pivot point : 114.10

Our preference : long positions above 114.10 with targets at 114.70 & 114.90 in extension.

Alternative scenario : below 114.10 look for further downside with 113.85 & 113.65 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

115.10 **
114.90 *
114.70
114.47 – Last price
114.10
113.85 *
113.65 **

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.