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| Title: |
USD/JPY Intraday: key resistance at 101.9. |
| Summary: |
Short positions below 101.9 with targets @ 101.15 & 100.65 in extension. |
| Story: |
Pivot: 101.9
Our preference: Short positions below 101.9 with targets @ 101.15 & 100.65 in extension.
Alternative scenario: Above 101.9 look for further upside with 102.4 & 102.8 as targets.
Comment: as long as the resistance at 101.9 is not surpassed, the risk of the break below 101.15 remains high.
Supports and resistances:
102.8
102.4
101.9
101.545 Last
101.15
100.65
100.25
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