USD/JPY may fall 61 - 101 pips
BY Trading Central
|august 8, 2024Intraday: the downside prevails.
Pivot
146.90
Our preference
Short positions below 146.90 with targets at 145.40 & 145.00 in extension.
Alternative scenario
Above 146.90 look for further upside with 147.30 & 147.90 as targets.
Comment
As long as the resistance at 146.90 is not surpassed, the risk of the break below 145.40 remains high.
Supports and resistances
147.90
147.30
146.90
146.01 Last
145.40
145.00
144.20
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