Main Quotes Calendar Forum
flag

FX.co ★ USD/JPY analysis for Dece,ber 15, 2022 - Potential for the downside continuation

parent
Forex Analysis:::2022-12-15T08:04:14

USD/JPY analysis for Dece,ber 15, 2022 - Potential for the downside continuation

Technical analysis:

USD/JPY analysis for Dece,ber 15, 2022 - Potential for the downside continuation

USD/JPY has been trading upside over the Asia session but I see strong resistance at 135.60 and potential for the downside movement.

Trading recommendation:

Due to the strong downside in the background and key resistance, I see potential for the the downside movement towards lower references.

Watch for the potential selling opportunities with the downside objective at 134.65.

Stochastic oscillator is showing overbought condition and potential for the downside movement.....

Key resistance is set at the price of 136.00

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...