USD/JPY may fall 89 - 164 pips
BY Trading Central
|août 26, 2024Intraday: key resistance at 144.70.
Pivot
144.70
Our preference
Short positions below 144.70 with targets at 143.15 & 142.40 in extension.
Alternative scenario
Above 144.70 look for further upside with 145.35 & 145.90 as targets.
Comment
As long as the resistance at 144.70 is not surpassed, the risk of the break below 143.15 remains high.
Supports and resistances
145.90
145.35
144.70
144.04 Last
143.15
142.40
141.70
Number of asterisks represents the strength of support and resistance levels.
© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.
Technical Event® is a registered trademark of Trading Central.
Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.
Join us on social media
Related Posts
undefined