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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 22.12.2022

Technical Analysis
Thursday, December 22, 2022 - 10:38
Point Trader Group
USDJPY 22.12.2022

Main trend:

Bullish.

Expected scenario:

The pair is trading above a strong support level around 130.60, which enhances chances of a rise to 134.00.

Alternative scenario:

The scenario fails and turns to bearishness, after breaking 130.60, targeting 129.00-127.72.

The most important levels

Resistance: 134.00 – 136.94

Support: 130.60 – 129.00

*Risk Disclaimer: 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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