Technical Analysis : USD/JPY 17 March 2022

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

Forex Technical Analysis : USDJPY 17 March 2022

Forex Technical Analysis : USDJPY

Date : 17 March 2022

Pivot point : 119.00

Our preference : short positions below 119.00 with targets at 118.35 & 118.15 in extension.

Alternative scenario : above 119.00 look for further upside with 119.15 & 119.30 as targets.

Comment : the RSI shows downside momentum. (Be aware! switch to uptrend.)

Supports and resistances :

119.30 **
119.15 *
119.00
118.66 – Last price
118.35
118.15 *
118.00 **

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

Source : Trading Central

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