What Does The Movement Of Platinum (PLF) Look Like?

USD/JPY Weekly Review: Strong Dollar and Yen's Resilience in G10 Currencies

Platinum (#PLF):

The chart shows the movement of platinum in the hourly (H1) chart.

The support level of $897.0 is important for the trend to continue. In the event of a breakdown, a new target will be opened, that is, the level of $874.0 (as shown on the chart).

However, this will happen only when the resistance level of $889.2 is broken.

In case of a rebound from the resistance level, quotes may rise to $906.0.

Good luck!

 

Relevance up to 09:00 2022-09-24 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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USD/JPY Weekly Review: Strong Dollar and Yen's Resilience in G10 Currencies

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