ByLCMS Traders FX Analysis Team
SEP 2, 2021
USD/JPY Daily Forecast
USD/JPY bulls are struggling to move above the 110.50 resistance area the pair is currently trading lower at 110.09. The intraday support levels are at 110.00 and 109.74. The near-term resistance areas are at 110.33 and 110.55.
On the intraday charts, a couple of Dojis are present that are indicating an indecision time. The SMA-14 is indicating support at 109.81 and the SMA-50 is at 110.07. The mid-Bollinger band is at 109.93 while the upper and lower bands are at 110.57 and 109.29. The RSI is at 51 and has a downwards curve. Currently, the intraday and 4-hourly price patterns are bearish and suggest a move below the SMA-50 which makes the pair ideal for selling entries using the following levels
Direction: Sell
Entry: 110.18
Take Profit: 109.72
Stop-Loss: 110.57
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
