| Trade Idea USD/JPY intraday: the downside prevails. |
Pivot: 78.35.
Our Preference: SHORT positions @ 78.25 with targets @ 78 & 77.9. Alternative scenario: The upside penetration of 78.35 will call for 78.53 & 78.65. Comment: as long as the resistance at 78.35 is not surpassed, the risk of the break below 78 remains high. |
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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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