in ANALISA by hafid zaini

7955289 10/5/2017 8:49 AM, USD/JPY Intraday: bullish bias above 112.55.


Pivot: 112.55


Our preference:

long positions above 112.55 with targets at 112.95 & 113.20 in extension.


Alternative scenario:

below 112.55 look for further downside with 112.30 & 112.05 as targets.


Comment:

the RSI lacks downward momentum.


Supports and resistances:


113.50

113.20

112.95


112.77

Last

112.55

112.30

112.05