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22.09.202211:29 Forex Analysis & Reviews: Technical analysis of USD/JPY

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

USD/JPY:

Exchange Rates 22.09.2022 analysis

The chart shows the movement of USD/JPY in the 30-minute (M30) chart.

Comparing the recent price movement to that of September 20's, it is clear that the pair rose and hit the key resistance level of £145.85. Since this is also the highest record set in July 1998, a strong rebound is possible in the market.

Good luck!

Daniel Liderman
Analytical expert of InstaForex
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