Technical Analysis : USD/JPY 22 March 2022

22 March 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 22 March 2022

Forex Technical Analysis : USDJPY

Date : 22 March 2022

Pivot point : 119.50

Our preference : long positions above 119.50 with targets at 120.10 & 120.35 in extension.

Alternative scenario : below 119.50 look for further downside with 119.30 & 119.10 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

120.60 **
120.35 *
120.10
119.90 – Last price
119.50
119.30 *
119.10 **

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

Source : Trading Central

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