UncategorizedWeekly Analysis

USD/JPY Intraday: turning up.

Pivot: 106.95

Our preference: long positions above 106.95 with targets at 107.30 & 107.45 in extension.

Alternative scenario: below 106.95 look for further downside with 106.80 & 106.65 as targets.

Comment: the RSI calls for a new upleg.

Supports and resistances:
107.65
107.45
107.30
107.18 Last
106.95
106.80
106.65

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