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USD/JPY ST: the bias remains bullish.

2023-10-24
299

Pivot: 143.75

Our preference: long positions above 143.75 with targets at 151.90 & 155.00 in extension.

Alternative scenario: below 143.75 look for further downside with 140.80 & 137.20 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

157.50

155.00

151.90

149.61 Last

143.75

140.80

137.20

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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