Tanalys

USD/JPY Intraday: bullish bias above 123.15.

Pivot: 123.15

Our preference: Long positions above 123.15 with targets @ 123.8 124.1 in extension.

Alternative scenario: Below 123.15 look for further downside with 122.55 122.05 as targets.

Comment: A support base at 123.15 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

124.65

124.1

123.8

123.41 Last

123.15

122.55

122.05

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version