USD/JPY Intraday: key resistance at 111.45.

USD/JPY Intraday: key resistance at 111.45.
Pivot: 111.45

Our preference: short positions below 111.45 with targets at 111.10 & 110.85 in extension.

Alternative scenario: above 111.45 look for further upside with 111.65 & 111.80 as targets.

Comment: as long as the resistance at 111.45 is not surpassed, the risk of the break below 111.10 remains high. 
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.