USD/JPY Intraday: the downside prevails.
USD/JPY (USD/JPY)
-0.855-0.58%
short positions below 147.70 with targets at 146.65 & 146.20 in extension.
Pivot: 147.70
Our preference: short positions below 147.70 with targets at 146.65 & 146.20 in extension.
Alternative scenario: above 147.70 look for further upside with 148.15 & 148.50 as targets.
Comment: as long as 147.70 is resistance, likely decline to 146.65.
Supports and resistances:
148.50
148.15
147.70
147.07 Last
146.65
146.20
145.90
Our preference: short positions below 147.70 with targets at 146.65 & 146.20 in extension.
Alternative scenario: above 147.70 look for further upside with 148.15 & 148.50 as targets.
Comment: as long as 147.70 is resistance, likely decline to 146.65.
Supports and resistances:
148.50
148.15
147.70
147.07 Last
146.65
146.20
145.90
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