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Analysis

USD/JPY may rise 62 - 92 pips

BY Trading Central

|12 19, 2024

Intraday: further advance.

 Intraday: further advance.

Pivot

154.55

Our preference

Long positions above 154.55 with targets at 156.00 & 156.30 in extension.

Alternative scenario

Below 154.55 look for further downside with 154.10 & 153.70 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

156.60

156.30

156.00

155.38 Last

154.55

154.10

153.70

Number of asterisks represents the strength of support and resistance levels.

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