empty
 
 
20.04.2023 07:32 AM
USDJPY, H4 | React off 1st resistance?
This image is no longer relevant

The USD/JPY chart shows an overall bearish momentum, which can be seen in the current downtrend. The first support level is at 133.72, which is an overlap support level. Another support level is at 132.36, which is also an overlap support level and coincides with the 61.80% Fibonacci projection.

On the other hand, the first resistance level is at 134.73, which is a multi-swing high resistance level and coincides with the 61.80% Fibonacci retracement level. The second resistance level is at 135.37, which is a pullback resistance level.

If the price fails to break the first resistance level, it could potentially continue the bearish momentum towards the first support level. In the event that the first support level is breached, the next support level it could drop to is the second support level at 132.36.

Dean Leo,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Dean Leo
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback