empty
 
 
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

28.01.202211:35 विदेशी मुद्रा विश्लेषण और समीक्षा: USD/JPY aims at 116.27 higher high

Exchange Rates 28.01.2022 analysis

USD/JPY Amazing Upwards Movement!

As you can see on the H4 chart, the USD/JPY pair registered a strong upwards movement after passing above the downtrend line. I've told you in a previous analysis that USD/JPY could develop an upside reversal if it jumps above the downtrend line.

115.45 former high (historical level) represented an upside obstacle. The price ignored this resistance level siganling strong buyers and potential further growth. Still, in the short term, it could retreat a little after its amazing rally. Testing and retesting the 115.45 and consolidation above this level may signal potential further growth.

USD/JPY Trading Conclusion!

USD/JPY could extend its growth as long as it stays above the 115.45. A minor retreat couldhelp the buyers to catch a new upwards movement. 116.27 higher high stands as an upside target if the rate continues to grow.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.