Tanalys

USD/JPY intraday: key ST resistance at 104.5.

Pivot: 104.5

Our preference: Short positions below 104.5 with targets @ 103.8 103.35 in extension.

Alternative scenario: Above 104.5 look for further upside with 104.95 105.15 as targets.

Comment: the RSI broke below a bullish trend line.

Key levels

105.15

104.95

104.5

104.23 last

103.8

103.35

103.1

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version