Technical Analysis : USD/JPY 17 November 2021

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

Forex Technical Analysis : USDJPY 17 November 2021

Forex Technical Analysis : USDJPY

Date : 17 November 2021

Pivot point : 114.50

Our preference : long positions above 114.50 with targets at 115.00 & 115.30 in extension.

Alternative scenario : below 114.50 look for further downside with 114.25 & 114.00 as targets.

Comment : technically the RSI is above its neutrality area at 50.

Supports and resistances :

115.50 **
115.30 *
115.00
114.87 – Last price
114.50
114.25 *
114.00 **

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

Source : Trading Central

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