Technical Analysis : USD/JPY 20 December 2022

Forex Technical Analysis : USDJPY

Date : 20 December 2022

Pivot point : 134.55

Our preference : short positions below 134.55 with targets at 131.60 & 130.60 in extension.

Alternative scenario : above 134.55 look for further upside with 135.00 & 135.80 as targets.

Comment : the RSI shows downside momentum.

Supports and resistances :

135.80 **
135.00 *
134.55
132.70 – Last price
131.60
130.60 *
130.00 **

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

Source : Trading Central

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