JPY Trading Outlook (20-10-2015)
USDJPY
Pivot: 119.15
Likely scenario: Long positions above 119.15 with targets @ 119.65 & 119.9 in extension.
Alternative scenario: Below 119.15 look for further downside with 118.9 & 118.6 as targets.
Comment: Technically the RSI is above its neutrality area at 50.
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