USDJPY Targeting A Test of 143.25
Technical & Trade View
USDJPY Bias: Bullish above Bearish Below 146.50
Technicals
Primary resistance is 146.50
Primary downside objective is 143.25
Next pattern confirmation, acceptance below 145
Acceptance above 146.60 opens a test of 147.10
20 Day VWAP bearish, 5 Day VWAP bearish
Today's New York Cut Option Expiries: 143.00 (500M), 145.50 (300M), 147.00 (543M)
USDJPY Bias: Bullish above Bearish Below 146.50
Technicals
Primary resistance is 146.50
Primary downside objective is 143.25
Next pattern confirmation, acceptance below 145
Acceptance above 146.60 opens a test of 147.10
20 Day VWAP bearish, 5 Day VWAP bearish
Today's New York Cut Option Expiries: 143.00 (500M), 145.50 (300M), 147.00 (543M)
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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