in ANALISA by hafid zaini

7645233 7/13/2017 10:45 AM, USD/JPY Intraday: the downside prevails.


Pivot: 113.60


Our preference:

short positions below 113.60 with targets at 112.60 & 112.40 in extension.


Alternative scenario:

above 113.60 look for further upside with 113.95 & 114.25 as targets.


Comment:

as long as 113.60 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


114.25 *

113.95 **

113.60 ***


112.98

Last

112.60 **

112.40 *

112.15 *