Technical Analysis : USD/JPY 2 July 2021

2 July 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 2 July 2021

Forex Technical Analysis : USDJPY

Date : 2 July 2021

Pivot point : 111.45

Our preference : long positions above 111.45 with targets at 111.70 & 111.85 in extension.

Alternative scenario : below 111.45 look for further downside with 111.30 & 111.15 as targets.

Comment : a support base at 111.45 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

112.00 **
111.85 *
111.70
111.57 – Last price
111.45
111.30 *
111.15 **

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

Source : Trading Central

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