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08.11.202209:48 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 08.11.2022 analysis

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

Seeing that quotes reached the support level of £146.05 yesterday, it is likely that a correction will take place. The theoretical target is the level of £147.69.

There will be no correction if the support level of £ 146.46 is broken.

Good luck!

Daniel Liderman
Analytical expert of InstaForex
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