Technical Analysis : USD/JPY 28 January 2022

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

Forex Technical Analysis : USDJPY 28 January 2022

Forex Technical Analysis : USDJPY

Date : 28 January 2022

Pivot point : 115.15

Our preference : long positions above 115.15 with targets at 115.60 & 115.80 in extension.

Alternative scenario : below 115.15 look for further downside with 115.00 & 114.80 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

116.00 **
115.80 *
115.60
115.38 – Last price
115.15
115.00 *
114.80 **

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

Source : Trading Central

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