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21.09.202113:38 Forex Analysis & Reviews: USD/JPY analysis for September 21 2021 - Downside continuation in the play

Technical analysis:

Exchange Rates 21.09.2021 analysis

USD/JPY has been trading downside due to breakout of the bear flag pattern and strong selling pressure.

Trading recommendation:

Watch for the selling opportunities on the rallies with the downside targets at 109,32 and 109,13.

Stochastic is showing fresh bear cross and bear divergence, which is another sign and confirmation for the downside continuation.

Resistance is set at 109,70

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Petar Jacimovic,
Analytical expert of InstaForex
© 2007-2021
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