Technical Analysis : USD/JPY 24 June 2022

Forex Technical Analysis : USDJPY

Date : 24 June 2022

Pivot point : 135.20

Our preference : short positions below 135.20 with targets at 134.25 & 134.00 in extension.

Alternative scenario : above 135.20 look for further upside with 135.60 & 135.90 as targets.

Comment : as long as the resistance at 135.20 is not surpassed, the risk of the break below 134.25 remains high.

Supports and resistances :

135.90 **
135.60 *
135.20
134.66 – Last price
134.25
134.00 *
133.75 **

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

Source : Trading Central

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