22.01.202110:21 विदेशी मुद्रा विश्लेषण और समीक्षा: USDJPY is testing resistance, potential reversal

Exchange Rates 22.01.2021 analysis

Price is facing bearish pressure from our first resistance level, in line with our descending trend line, in line with our horizontal pullback resistance, 38.2% fibonacci retracement where we could see a reversal below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.

Trading Recommendation

Entry: 103.637

Reason for Entry:

horizontal pullback resistance, 38.2% fibonacci retracement

Take Profit: 103.003

Reason for Take Profit:

100% Fibonacci extension, 78.6% Fibonacci retracement and horizontal swing low support

Stop Loss: 103.836

Reason for Stop Loss:

61.8% Fibonacci retracement and horizontal overlap resistance

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Dean Leo स विश्लेषणात्मक विशेषज्ञ द्वारा प्रदर्शन किया
इंस्टाफॉरेक्ष् समूह © 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Show more
अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.