USD/JPY Intraday: Under Pressure.
Short Positions Below 120.8 With Targets @ 120.15 & 119.95 In Extension. ( 02/11/2015 00:14 )
Pivot: 120.8
Our preference: Short positions below 120.8 with targets @ 120.15 & 119.95 in extension.
Alternative scenario: Above 120.8 look for further upside with 121.2 & 121.5 as targets.
Comment: The RSI is capped by a declining trend line.
Supports and resistances:
121.5 ***
121.2 ***
120.8 ***
120.47 Last
120.15 ***
119.95 **
119.6 ***
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