Tanalys

USD/JPY intraday: key ST resistance at 103.15.

Pivot: 103.15

Our preference: Short positions below 103.15 with targets @ 102.15 101.8 in extension.

Alternative scenario: Above 103.15 look for further upside with 103.4 103.9 as targets.

Comment: as long as 103.15 is resistance, look for choppy price action with a bearish bias.

Key levels

103.9

103.4

103.15

102.799 last

102.15

101.8

101.6

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version