JPY Trading Outlook (27-07-2015)
USDJPY
Pivot: 123.85
Likely scenario: Short positions below 123.85 with targets @ 123.35 & 123.2 in extension.
Alternative scenario: Above 123.85 look for further upside with 124.15 & 124.45 as targets.
Comment: The RSI is mixed to bearish.
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