Trade Idea USD/JPY intraday: under pressure. |
Pivot: 79.40.
Our Preference: SHORT positions @ 79.35 with targets @ 79 & 78.85. Alternative scenario: The upside penetration of 79.4 will call for 79.55 & 79.8. Comment: the pair remains on the downside and is challenging its support. |
Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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