• USD/JPY Intraday: rebound.

    USD/JPY Intraday: rebound.

     
    USD/JPY
     

    USD/JPY Intraday: rebound.

       

         
          Pivot: 117.50

    Most Likely Scenario: long positions above 117.50 with targets at 118.00 & 118.20 in extension.

    Alternative scenario: below 117.50 look for further downside with 116.90 & 116.50 as targets.

    Comment: the RSI lacks downward momentum.

  • You might also like