USD/JPY: Since the down inner trend line on the Weekly chart was

Tian Kriek

Analyst


February 24, 2021 03:22 PM

BULLISH

Daily Trading Range:
USD/JPY: Since the down inner trend line on the Weekly chart was broken to the upside I expect the USDJPY to coninue Bullish. There is also an UP ABCD swing on the Daily chart but price is too close to the FIb 1.618 at 105.50 to justify any Bullish trades. Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/aod-ny-workspaces-3-mar/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 108.1300
Resistance 2: 110.7000
Resistance 1: 113.5000
Current Price 106.9300
Support 1: 111.0000
Support 2: 99.8600
Support 3: 93.0000

Two Hour Chart

Two Hour Chart
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