Title: | USD/JPY Intraday: the upside prevails. |
Summary: | Long positions above 103.7 with targets @ 104.1 & 104.45 in extension. |
Story: | Pivot: 103.7 Our preference: Long positions above 103.7 with targets @ 104.1 & 104.45 in extension. Alternative scenario: Below 103.7 look for further downside with 103.4 & 102.95 as targets. Comment: A support base at 103.7 has formed and has allowed for a temporary stabilisation. Supports and resistances: 104.85 104.45 104.1 103.862 Last 103.7 103.4 102.95 Copyright 1999 - 2014 TRADING CENTRAL |