Tanalys

USD/JPY Intraday: the bias remains bullish.

Pivot: 101.75

Our preference: Long positions above 101.75 with targets @ 102.15 102.4 in extension.

Alternative scenario: Below 101.75 look for further downside with 101.5 101.2 as targets.

Comment: a support base at 101.75 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

102.7

102.4

102.15

101.93 Last

101.75

101.5

101.2

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version