Senin, 31 Maret 2014

USD/JPY Intraday: the upside prevails.


Title: USD/JPY Intraday: the upside prevails.
Summary: Long positions above 102.65 with targets @ 103.35 & 103.75 in extension.
Story: Pivot: 102.65

Our preference: Long positions above 102.65 with targets @ 103.35 & 103.75 in extension.

Alternative scenario: Below 102.65 look for further downside with 102.4 & 101.95 as targets.

Comment: The pair remains on the upside and is breaking above its resistance.

Supports and resistances:
104.1
103.75
103.35
103.225 Last
102.65
102.4
101.95

Copyright 1999 - 2014 TRADING CENTRAL