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08.11.202209:48 Forex Analyse & Reviews: Technical analysis of USD/JPY

USD/JPY:

Exchange Rates 08.11.2022 analysis

The chart shows the movement of #USD/JPY on the 30-minute (M30) chart.

Seeing that quotes reached the support level of £146.05 yesterday, it is likely that a correction will take place. The theoretical target is the level of £147.69.

There will be no correction if the support level of £ 146.46 is broken.

Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Daniel Liderman,
Analytical expert of InstaSpot
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