in ANALISA by hafid zaini

7976582 10/11/2017 2:14 PM, USD/JPY Intraday: the upside prevails.


Pivot: 112.20


Our preference:

long positions above 112.20 with targets at 112.55 & 112.80 in extension.


Alternative scenario:

below 112.20 look for further downside with 111.95 & 111.65 as targets.


Comment:

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


Supports and resistances:


113.05

112.80

112.55


112.40

Last

112.20

111.95

111.65