USD/JPY Intraday: consolidation.
USD/JPY (USD/JPY)
-0.784-0.54%
long positions above 144.15 with targets at 145.00 & 145.35 in extension.
Pivot: 144.15
Our preference: long positions above 144.15 with targets at 145.00 & 145.35 in extension.
Alternative scenario: below 144.15 look for further downside with 143.70 & 143.30 as targets.
Comment: a support base at 144.15 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
145.70
145.35
145.00
144.45 Last
144.15
143.70
143.30
Our preference: long positions above 144.15 with targets at 145.00 & 145.35 in extension.
Alternative scenario: below 144.15 look for further downside with 143.70 & 143.30 as targets.
Comment: a support base at 144.15 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
145.70
145.35
145.00
144.45 Last
144.15
143.70
143.30
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