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02.11.202212:07 Forex Analysis & Reviews: Technical analysis of USD/JPY

USD/JPY:

Exchange Rates 02.11.2022 analysis

The chart shows the movement of #USD/JPY on the hourly (H1) chart.

There is a high chance for yen to rise against dollar. Quotes may hit £144.09 per dollar in the coming days, especially if the dynamic support level (yellow triangle area on the chart) within £147.12- £146.70 is broken.

Otherwise, expect a decline in yen to the key resistance level of £148.72.

Good luck!

*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。

Daniel Liderman,
Analytical expert of InstaSpot
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