• USD/JPY Intraday: the upside prevails.

    USD/JPY Intraday: the upside prevails.

       
      Pivot: 101.65

    Most Likely Scenario: long positions above 101.65 with targets @ 102.85 & 103.90 in extension.

    Alternative scenario: below 101.65 look for further downside with 101.30 & 100.95 as targets.

    Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

  • You might also like