Technical Analysis : USD/JPY 27 December 2021

Forex Technical Analysis : USDJPY

Date : 27 December 2021

Pivot point : 114.25

Our preference : long positions above 114.25 with targets at 114.50 & 114.65 in extension.

Alternative scenario : below 114.25 look for further downside with 114.10 & 113.95 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

114.80 **
114.65 *
114.50
114.43 – Last price
114.25
114.10 *
113.95 **

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

Source : Trading Central

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