in ANALISA by hafid zaini

7640635 7/12/2017 4:24 PM, EUR/JPY Intraday: the downside prevails.


Pivot: 130.30


Our preference:

short positions below 130.30 with targets at 129.50 & 129.10 in extension.


Alternative scenario:

above 130.30 look for further upside with 130.70 & 131.20 as targets.


Comment:

the break below 130.30 is a negative signal that has opened a path to 129.50.


Supports and resistances:


131.20

130.70

130.30


129.89

Last

129.50

129.10

128.70