USD/JPY Intraday: under pressure.

USD/JPY (USD/JPY)
+0.364+0.25%
short positions below 143.98 with targets at 142.11 & 141.13 in extension.
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Pivot: 143.98

Our preference: short positions below 143.98 with targets at 142.11 & 141.13 in extension.

Alternative scenario: above 143.98 look for further upside with 144.44 & 145.10 as targets.

Comment: as long as the resistance at 143.98 is not surpassed, the risk of the break below 142.11 remains high.

Supports and resistances:
145.10
144.44
143.98
142.83 Last
142.11
141.13
141.00

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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