Title: | USD/JPY Intraday: bullish bias above 101.75. |
Summary: | Long positions above 101.75 with targets @ 102.85 & 103.15 in extension. |
Story: | Pivot: 101.75 Our preference: Long positions above 101.75 with targets @ 102.85 & 103.15 in extension. Alternative scenario: Below 101.75 look for further downside with 101.2 & 100.65 as targets. Comment: the RSI is mixed with a bullish bias. The pair is drawing a Bullish Flag pattern calling for further upside. Supports and resistances: 103.4 103.15 102.85 102.293 Last 101.75 101.2 100.65 Copyright 1999 - 2014 TRADING CENTRAL |