Thursday, 9 March 2017

EU Open Trading Signals USD/JPY 9 March 2017

USD/JPY Intraday: the upside prevails.
Pivot: 114.15


Most likely scenario: long positions above 114.15 with targets at 114.75 & 115.00 in extension.



Alternative scenario: below 114.15 look for further downside with 113.90 & 113.60 as targets.



Comment: the RSI has just landed on its neutrality area at 50% and is turning up.


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