logo
Analysis

USD/JPY may fall 82 - 152 pips

BY Trading Central

|9 5, 2024

Intraday: towards 141.70.

 Intraday: towards 141.70.

Pivot

144.40

Our preference

Short positions below 144.40 with targets at 142.40 & 141.70 in extension.

Alternative scenario

Above 144.40 look for further upside with 144.90 & 145.50 as targets.

Comment

The RSI has just struck against its neutrality area at 50% and is reversing down.

Supports and resistances

145.50

144.90

144.40

143.22 Last

142.40

141.70

140.00

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

image-8c62214c8e5bec6ef8697de32b3ff7c208099266-900x900-jpg
Trading Central
24/7 Live Chat

undefined