JPY Trading Outlook (30-07-2015)
USDJPY
Pivot: 123.7
Likely scenario: Long positions above 123.7 with targets @ 124.25 & 124.4 in extension.
Alternative scenario: Below 123.7 look for further downside with 123.5 & 123.3 as targets.
Comment: The RSI is bullish and calls for further upside.
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