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FX.co ★ USD/JPY analysis for September 01, 2021 - Trading range and potential for the breakout play

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Forex Analysis:::2021-09-01T11:50:39

USD/JPY analysis for September 01, 2021 - Trading range and potential for the breakout play

Technical analysis:

USD/JPY analysis for September 01, 2021 - Trading range and potential for the breakout play

Gold has been trading sideways at the price of $1,812. I see potential for the breakout play in the next period.

Trading recommendation:

Watch for the breakout of the trading range to confirm further direction.

Downside breakout of support at $1,802 can confirm test of $1,790 and $1,782.

Upside breakout of the resistance at $1,817 can confirm test of $1,830

Analyst InstaForex
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