JPY Trading Outlook (13-01-2016)

USD/JPY Intraday: under pressure.

Pivot: 117.95

Our preference: short positions below 117.95 with targets @ 117.15 & 116.7 in extension.

Alternative scenario: above 117.95 look for further upside with 118.8 & 119.3 as targets.

Comment: the RSI is capped by a declining trend line.

Supports and resistances:
119.3 ***
118.8 ***
117.95 ***
117.74 Last
117.15 ***
116.7 ***
116.1 ***
                                               

Back to JPY Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.