Monday 1 February 2021

USDJPY ANALYSIS FEBRUARY 2021

ANALYSIS 18-FEB-2021

As per my previous analysis ultimate target on the upside done at 106.17. Can we some downside correction?

CMP: 105.89; RES: 106.23; SUP: 104.39/102.57
If 106.23 resists, we can see downside correction towards 105/104 n reverse back to 106.

Upside targets 106.5-106.84, 107.14-107.41, 108.22-108.7, 109.



ANALYSIS 01-FEB-2021

CMP: 104.92; SUP: 103.32/102.5; RES: 105.69.

If 103.3 holds support, we can see 105.08-105.5, 106.17-106.43.



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