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.

jpy2

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