Technical Analysis : USD/JPY 4 January 2022

Forex Technical Analysis : USDJPY

Date : 4 January 2022

Pivot point : 115.40

Our preference : long positions above 115.40 with targets at 116.00 & 116.15 in extension.

Alternative scenario : below 115.40 look for further downside with 115.20 & 115.00 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

116.30 **
116.15 *
116.00
115.74 – Last price
115.40
115.20 *
115.00 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.