Tanalys

USD/JPY Intraday: key resistance at 102.4.

Pivot: 102.4

Our preference: Short positions below 102.4 with targets @ 101.65 101.2 in extension.

Alternative scenario: Above 102.4 look for further upside with 102.7 102.95 as targets.

Comment: the upward potential is likely to be limited by the resistance at 102.4.

Supports and resistances:

102.95

102.7

102.4

102.21 Last

101.65

101.2

100.75

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version