| Title: | USD/JPY Intraday: the upside prevails. |
| Summary: | Long positions above 103.4 with targets @ 104.1 & 104.45 in extension. |
| Story: | Pivot: 103.4 Our preference: Long positions above 103.4 with targets @ 104.1 & 104.45 in extension. Alternative scenario: Below 103.4 look for further downside with 102.95 & 102.65 as targets. Comment: Technically the RSI is above its neutrality area at 50. The pair stands above its support and remains on the upside. Supports and resistances: 104.85 104.45 104.1 103.95 Last 103.4 102.95 102.65 Copyright 1999 - 2014 TRADING CENTRAL |
