Main Quotes Calendar Forum
flag

FX.co ★ USD/CAD analysis for January 07, 2022 - Inside day formation

parent
Forex Analysis:::2022-01-07T13:15:52

USD/CAD analysis for January 07, 2022 - Inside day formation

Technical analysis:

USD/CAD analysis for January 07, 2022 - Inside day formation

USD/JPY has been trading sideways at the price of 115,90 and I see potential for the breakout.

Trading recommendation:

Watch for the potential breakout of the resistance at the price of 116,35 to confirm further upside continuation.

Upside objectives are set at the price of 116,83 and 117,50.

Important support level is set at the price of 115,50.

short-term upside trend is still active and that buying breakout are preferable....

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...