FX.co - USD/JPY analysis for September 26, 2023 - Buyers in control and potential for the further growth

2023-09-26T07:46:28

Relevance until2023-09-27

Technical analysis:

USD/JPY analysis for September 26, 2023 - Buyers in control and potential for the further growth

USD/JPY has been trading upside as I expected and I see that demand is in control and there is the chance for the further growth.

Due to the strong bullish trend in the background and upside momentum, I see potential for the further growth towards upside reference.

Upside objective is set at the price of 150.00

RSI oscillator is showing upside trend condition, which is good sign for the further upside movement.

Intraday support is set at the price of 149

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

Analytical expert

Petar Jacimovic

FX.co ★ USD/JPY analysis for September 26, 2023 - Buyers in control and potential for the further growth