Technical Analysis : USD/JPY 28 February 2022

28 February 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 28 February 2022

Forex Technical Analysis : USDJPY

Date : 28 February 2022

Pivot point : 113.40

Our preference : long positions above 113.40 with targets at 116.35 & 117.40 in extension.

Alternative scenario : below 113.40 look for further downside with 112.50 & 111.65 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

118.20 **
117.40 *
116.35
115.55 – Last price
113.40
112.50 *
111.65 **

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

Source : Trading Central

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