Selasa, 25 Maret 2014

USD/JPY Intraday: the upside prevails.



Title: USD/JPY Intraday: the upside prevails.
Summary: Long positions above 102 with targets @ 102.65 & 102.85 in extension.
Story: Pivot: 102

Our preference: Long positions above 102 with targets @ 102.65 & 102.85 in extension.

Alternative scenario: Below 102 look for further downside with 101.75 & 101.45 as targets.

Comment: The pair has rebounded and has broken above its resistance.

Supports and resistances:
103.1
102.85
102.65
102.3815 Last
102
101.75
101.45

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