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Title:USD/JPY intraday: rebound.
Summary:Update on supports and resistances.
Story:Pivot: 95.55.
Our Preference: LONG positions @ 95.6 with targets @ 96.05 & 96.3.
Alternative scenario: The downside penetration of 95.55 will call for 95.3 & 95.
Comment: the pair is rebounding on its new support as the RSI is turning up.
Trend: ST Ltd Downside; MT Range
Key levels Comment
96.55** Intraday resistance
96.3** Intraday resistance
96.05** Intraday resistance
95.77 Last
95.55** Intraday pivot point
95.3** Intraday support
95** Intraday support
Attached Image
Title:USD/JPY intraday: rebound.
Summary:Update on supports and resistances.
Story:Pivot: 95.55.
Our Preference: LONG positions @ 95.6 with targets @ 96.05 & 96.3.
Alternative scenario: The downside penetration of 95.55 will call for 95.3 & 95.
Comment: the pair is rebounding on its new support as the RSI is turning up.
Trend: ST Ltd Downside; MT Range
Key levels Comment
96.55** Intraday resistance
96.3** Intraday resistance
96.05** Intraday resistance
95.77 Last
95.55** Intraday pivot point
95.3** Intraday support
95** Intraday support