FX.co ★ USD/CAD analysis for February 14, 2022 - Strong rejection of key pivot at 115.00

Technical analysis:

USD/JPY has been trading downside today but I found strong rejection of swing low at 115,00, which is sign for further potential rally towards upper references.

Trading recommendation:

Due to strong rejection of the key support at the price of 115,00, I see potential for the higher prices.

Watch for buying opportunities with the upside objectives at 116,10 and 116,30.

Short-term trend is still upside with higher lows in the background