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12.09.202210:43 Forex Analysis & Reviews: USD/JPY analysis for September 12, 2022 - Potential for the upside continuation

Technical analysis:

Exchange Rates 12.09.2022 analysis

USD/JPY has been trading upside this morning and I see potential for the continuation of the strong upside trend in the background.

Trading recommendation:

Due to the strong upside cycle in the background and potential pullback play, I see further upside continuation.

Watch for the buying opportunities on the intraday dips with the upside objective at the price of 145 and 146.50.

Key support is set at the price of 141.50

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Petar Jacimovic,
Analytical expert of InstaSpot
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