Technical Analysis : USD/JPY 2 September 2022

Forex Technical Analysis : USDJPY

Date : 2 September 2022

Pivot point : 139.80

Our preference : long positions above 139.80 with targets at 140.55 & 140.80 in extension.

Alternative scenario : below 139.80 look for further downside with 139.55 & 139.25 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

141.15 **
140.80 *
140.55
140.33 – Last price
139.80
139.55 *
139.25 **

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

Source : Trading Central

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