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30.08.202317:35 विदेशी मुद्रा विश्लेषण और समीक्षा: Ichimoku cloud indicator analysis on USDJPY for August 30th, 2023.

Exchange Rates 30.08.2023 analysis

USDJPY is trading around 145.85. Price yesterday closed below the tenkan-sen (red line indicator) in the daily chart. This is a first warning sign that a possible reversal is close. Price formed a lower high today and a new lower low. Short-term support is found at 145.35 and a break below this level will open the way for a bigger decline towards the kijun-sen (yellow line indicator) support at 142.73. Despite the higher high in price yesterday, the RSI formed a lower high. The chances for a pull back towards cloud support have increased. The upside potential we believe is limited. At current levels we prefer to be neutral if not bearish.

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

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