Technical Analysis : USD/JPY 3 August 2022

Forex Technical Analysis : USDJPY

Date : 3 August 2022

Pivot point : 133.85

Our preference : short positions below 133.85 with targets at 131.90 & 131.30 in extension.

Alternative scenario : above 133.85 look for further upside with 134.30 & 134.85 as targets.

Comment : the RSI is mixed to bearish.

Supports and resistances :

134.85 **
134.30 *
133.85
132.85 – Last price
131.90
131.30 *
130.40 **

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

Source : Trading Central

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