UncategorizedWeekly Analysis

USD/JPY Intraday: under pressure.(18.12.2019)

Pivot: 109.55

Our preference: short positions below 109.55 with targets at 109.25 & 109.10 in extension.

Alternative scenario: above 109.55 look for further upside with 109.70 & 109.85 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:
109.85
109.70
109.55
109.45 Last
109.25
109.10
109.00

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