Technical Analysis : USD/JPY 9 August 2022

9 August 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY

Forex Technical Analysis : USDJPY 9 August 2022

Forex Technical Analysis : USDJPY

Date : 9 August 2022

Pivot point : 135.15

Our preference : short positions below 135.15 with targets at 134.60 & 134.35 in extension.

Alternative scenario : above 135.15 look for further upside with 135.50 & 135.85 as targets.

Comment : as long as the resistance at 135.15 is not surpassed, the risk of the break below 134.60 remains high.

Supports and resistances :

135.85 **
135.50 *
135.15
134.91 – Last price
134.60
134.35 *
134.00 **

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

Source : Trading Central

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