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FX.co ★ Technical analysis of USD/JPY on September 2, 2022

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Forex Analysis

2022-09-02T07:41:01
iconRelevance until2022-09-03

Technical analysis of USD/JPY on September 2, 2022

#USD/JPY

Technical analysis of USD/JPY on September 2, 2022

On the H1 chart: USD/JPY quotes on September 2, 2022.

On the chart, for comparison, there are also the geometric shapes that were built on August 31, 2022.

The quote reached 139.85 resistance and broke through this barrier as expected.

Short positions on USD/JPY could be opened if the price falls below 139.80, that is, the Ask line is below the lower limit of the yellow rectangle.

Have a nice trading day!

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