Monday, 6 March 2017

USD/JPY Trading Signal 06 March 2017

USD/JPY Intraday: under pressure.
Pivot: 114.60

Most likely scenario: short positions below 114.60 with targets at 113.70 & 113.30 in extension.

Alternative scenario: above 114.60 look for further upside with 115.00 & 115.40 as targets.

Comment: a break below 113.70 would trigger a drop towards 113.30.

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