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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 27.8.2024

Technical Analysis
Tuesday, August 27, 2024 - 11:02
Point Trader Group
USDJPY 27.8.2024

General trend: up.
Expected scenario:
The pair is trading above a strong support level, which enhances the chances of rising to 147.40 – 148.88.
Alternative scenario:
The scenario turns bearish, reaching 142 – 141.80, provided that the 142.21 yen level is broken.
The most important levels
resistance:
147.40 – 148.88
support:
142.00 – 141.80

*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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