in ANALISA by hafid zaini

7969869 10/10/2017 8:55 AM, USD/JPY Intraday: bullish bias above 112.50.


Pivot: 112.50


Our preference:

long positions above 112.50 with targets at 112.90 & 113.10 in extension.


Alternative scenario:

below 112.50 look for further downside with 112.30 & 112.10 as targets.


Comment:

a support base at 112.50 has formed and has allowed for a temporary stabilisation.


Supports and resistances:


113.30

113.10

112.90


112.68

Last

112.50

112.30

112.10