Title: | USD/JPY Intraday: under pressure. |
Summary: | Short positions below 104.1 with targets @ 102.95 & 102.7 in extension. |
Story: | Pivot: 104.1 Our preference: Short positions below 104.1 with targets @ 102.95 & 102.7 in extension. Alternative scenario: Above 104.1 look for further upside with 104.45 & 104.85 as targets. Comment: Technically the RSI is below its neutrality area at 50. Supports and resistances: 104.85 104.45 104.1 103.275 Last 102.95 102.7 102.45 Copyright 1999 - 2014 TRADING CENTRAL |