USD/JPY, Technical Analysis – H1
The pair continues to collapse after the historic intervention by the Bank of Japan.
The pair continues to collapse after the historic intervention by the Bank of Japan. The key resistance for a possible recovery is currently the 157.500–157.600 area: if the bulls manage to consolidate above it, the previous efforts of the bears could be quickly neutralized. However, it is still premature to talk about this, and the risks of a deeper decline also remain.
Primary Scenario:
A pullback to 157.500–157.600, followed by a new decline toward 157.000.
Alternative Scenario:
A breakout above 157.500–157.600 and a rise toward 158.000.
Analyst Commentary:
Buyers have a chance against the backdrop of a reverse short signal on the EUR/USD pair.
نيكولاي كريشتوبوف محلل أسواق في Investizo يتمتع بخبرة تزيد على 15 عامًا في قطاع الأسواق المالية وأكثر من عقد من الخبرة في التداول. تشمل مجالات اهتمامه أسواق الفوركس والعملات الرقمية، والتحليل الفني، والتداول اليومي، وسلوك السوق.