USDJPY Forex Analysis - Intraday Support At 128.00

Duncan Cooper - Senior Market Strategist & Trading Mentor

2023-01-19 09:56:30

 

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the USDJPY weekly, 4-hour, and 15-minute charts.

Price has been finding intraday support at the 128.00 level this week.

128.16-00 the 62% and 79% fib retracement levels, and the Figure.

Watching for price to decline and hold at this intraday support area for a further advance targeting the 130.40 weekly resistance level.

USDJPY weekly chart on ACY MT4

USDJPY 4-hour chart on ACY MT4

USDJPY 15-minute chart on ACY MT4

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المؤلف

Duncan Cooper is a full-time trader and mentor and the Senior Market Strategist at ACY Securities. Trading full-time since 2009, Duncan's insights are from the battleground of real-time markets, not theory, and he thrives on educating traders to reach their financial goals.