Technical analysis of USD / JPY 07/20/2021

USD / JPY currency pair develops a downward movement. The pair broke through the support of 109.50 (23.6% Fib) and dropped to the level of 109.00, from where it corrected and is currently testing the level of 109.50 as a resistance.
The technical picture suggests the development of a downward movement with the nearest target in the area of ​​108.20 (38.2% Fib).
Cancellation of the pair’s decline will be the quotes growth above the level of 110.50 (MA100) and the upper line of the descending channel.

Created by Joshua Hayn

VN: F [1.9.22_1171]

Rating: 0.0 /five (0 votes cast)

Libertex [CPS] WW



MTP Procurement Management Procurement Bidding SRM Cost Optimization Team Management Cost Management SAP ERP Management Skills SAP ERP 1C Supply Control SAP / SRM SAP / R3 Analytical Thinking Working with Suppliers Result Oriented System Thinking Process Management Strategic Planning Project Management MsOffice Negotiations with company top officials Organization of procurement procedures Oil trading

Read Previous

"Peace" may lose partnership with Mastercard

Read Next

Putin offered mobile operators to provide LTE coverage in villages