Tanalys

USD/JPY Intraday: key resistance at 122.9.

Pivot: 122.9

Our preference: Short positions below 122.9 with targets @ 121.83 121.4 in extension.

Alternative scenario: Above 122.9 look for further upside with 123.35 123.7 as targets.

Comment: The upward potential is likely to be limited by the resistance at 122.9.

Supports and resistances:

123.7 *

123.35 **

122.9 ***

122.62 Last

121.83 *

121.4 *

121 *

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version