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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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Trading Signal for USD/JPY for August 23 - 24, 2021: Sell below 110.15

You can get more details of the analysis description here.

analytics6123b5436c5f6.jpg

Support and Resistance Levels for August 23 - 24, 2021

Resistance (3) 110.81

Resistance (2) 110.28

Resistance (1) 110.22

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Support (1) 109.90

Support (2) 109.69

Support (3) 109.42

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Trading tip for USD/JPY for August 23 - 24, 2021

Sell below 110.15 (2/8) with take profit at 109.80 (SMA 21), stop loss above 110.40.

Buy if the pair rebounds at 109.76 (1/8) with take profit at 110.15 (4/8) and stop loss below 109.31.

The material has been provided by InstaForex Company - www.instaforex.com