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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDJPY 19.05.2022

Technical Analysis
Thursday, May 19, 2022 - 15:30
Point Trader Group
USDJPY 19.05.2022

summary:

The pair is trading in an uptrend

Expected scenario:

The pair is trading the highest strong support level around 126.90, which enhances chances of ascending to 128.50

Alternative scenario:

Breaking the level of 126.90 may push the pair to continue the decline to reach 125

resistance levels

128.50 - 129

Support levels

126.95 - 125

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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