USD/JPY Long Trade
USD/JPY Intraday: further upside.
Pivot: 113.00
Our preference: long positions above 113.00 with targets at 113.60 & 113.75 in extension.
Alternative scenario: below 113.00 look for further downside with 112.85 & 112.55 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
114.20
113.75
113.60
113.30 Last
113.00
112.85
112.55
Pivot: 113.00
Our preference: long positions above 113.00 with targets at 113.60 & 113.75 in extension.
Alternative scenario: below 113.00 look for further downside with 112.85 & 112.55 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
114.20
113.75
113.60
113.30 Last
113.00
112.85
112.55
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