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.
니콜라이 크리시토포프는 Investizo의 마켓 애널리스트로, 금융시장 업계에서 15년 이상의 경력과 10년이 넘는 트레이딩 경험을 보유하고 있습니다. 그의 주요 관심 분야는 외환 및 암호화폐 시장, 기술적 분석, 데이 트레이딩, 시장 행태입니다.