Selasa, 08 April 2014

USD/JPY Intraday: the downside prevails.

Title: USD/JPY Intraday: the downside prevails.
Summary: Short positions below 103.15 with targets @ 102.45 & 102.25 in extension.
Story: Pivot: 103.15

Our preference: Short positions below 103.15 with targets @ 102.45 & 102.25 in extension.

Alternative scenario: Above 103.15 look for further upside with 103.45 & 103.7 as targets.

Comment: The pair has broken broken below its support and remains under pressure.

Supports and resistances:
103.7
103.45
103.15
102.678 Last
102.45
102.25
101.95

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