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FX.co ★ USD/CAD analysis for November 22, 2021 - Upside continuation in the play

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Forex Analysis:::2021-11-22T14:02:19

USD/CAD analysis for November 22, 2021 - Upside continuation in the play

Technical analysis:

USD/CAD analysis for November 22, 2021 - Upside continuation in the play

USD/JPY has been trading sideways today at 114,15 but See potential for the bullish movement in the next period.

Trading recommendation:

Due to strong upside trend in the background and potential completion of the downside correction, I see potential for the rally.

Watch for buying opportunities on the break and upside target at 114,50

Support level is set at the price of 114305

Analyst InstaForex
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