USD/JPY Intraday: The Downside Prevails.
Short Positions Below 119.9 With Targets @ 118.8 & 118.25 In Extension. ( 18/09/2015 13:40 )
Pivot: 119.9
Our preference: Short positions below 119.9 with targets @ 118.8 & 118.25 in extension.
Alternative scenario: Above 119.9 look for further upside with 120.4 & 120.75 as targets.
Comment: The immediate trend remains down and the momentum is strong.
Supports and resistances:
120.75 **
120.4 **
119.9 ***
119.1500 Last
118.8 **
118.25 *
117.75 *
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