Trade Idea USD/JPY intraday: under pressure. |
Pivot: 78.80.
Our Preference: SHORT positions @ 78.75 with 78.4 & 78.25 in sight. Alternative scenario: The upside penetration of 78.8 will call for 79 & 79.2. Comment: the pair stands below its resistance and remains under pressure. |
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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