Daily Analysis 19/1/2022

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY USD/JPY

Support & Resistance: S1: 114.2
From the daily chart, the price movement is swinging upwards to the resistance level of the uptrend channel. Traders can trade long position here.

 

TRADING TIPS


Long Position

114.7

116.5

113.1