Technical Analysis : USD/JPY 8 October 2021

8 October 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 8 October 2021

Forex Technical Analysis : USDJPY

Date : 8 October 2021

Pivot point : 111.55

Our preference : long positions above 111.55 with targets at 112.15 & 112.30 in extension.

Alternative scenario : below 111.55 look for further downside with 111.40 & 111.25 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

112.45 **
112.30 *
112.15
111.97 – Last price
111.55
111.40 *
111.25 **

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.



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