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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