Senin, 24 Maret 2014

USD/JPY Intraday: further upside.





Title: USD/JPY Intraday: further upside.
Summary: Long positions above 102.2 with targets @ 102.85 & 103.15 in extension.
Story: Pivot: 102.2

Our preference: Long positions above 102.2 with targets @ 102.85 & 103.15 in extension.

Alternative scenario: Below 102.2 look for further downside with 102 & 101.75 as targets.

Comment: The pair has validated a Bullish Flag pattern and should post further upside.

Supports and resistances:
103.4
103.15
102.85
102.635 Last
102.2
102
101.75

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