TradingAlchemist

USDJPY💲Support level📈

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
The forecast for October 8, 2021 suggests an attempt to test the support area near the 110.65 level. Then, the continued growth of quotations to the area above the level of 112.85. A test of the trend line on the relative strength index (RSI) will be in favor of raising the pair. Cancellation of the growth option will be a fall and a breakdown of the 110.35 area. This will indicate a breakdown of the support level and a continued fall in the pair with a potential target below 108.65.


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