Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Tuesday September 05,2023.

parent
Forex Analysis:::2023-09-05T04:15:17

Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Tuesday September 05,2023.

Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Tuesday September 05,2023.

On its 4 hour chart of USD/JPY main currency pairs, there is CCI indicator which manages to break downside from its important three levels and break down the trendline (light brown ditted line) where currently the price is above WMA (20) so that based on this clue we can conclude that in the near future, USD/JPY will try to test the level 147,38, unless if on the way suddenly USD/JPY corrected downside back to break below the level 145,09, so all the rally scenario to the level of 147,38 will become invalid and will cancel itself.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...