Technical Analysis : USD/JPY 18 October 2021

18 October 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 18 October 2021

Forex Technical Analysis : USDJPY

Date : 18 October 2021

Pivot point : 114.00

Our preference : long positions above 114.00 with targets at 114.60 & 114.80 in extension.

Alternative scenario : below 114.00 look for further downside with 113.80 & 113.60 as targets.

Comment : the RSI advocates for further upside.

Supports and resistances :

115.00 **
114.80 *
114.60
114.35 – Last price
114.00
113.80 *
113.60 **

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

Source : Trading Central

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