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

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Forex Analysis

2 September 2022 at 7:41AM (UTC+0)
iconRelevance until3 September 2022 at 7:35AM (UTC+0)

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.

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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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