Our Preference: SHORT positions below 77.15 with targets @ 76.75 & 76.55.
Alternative scenario: The upside penetration of 77.15 will call for a rebound towards 77.25 & 77.45.
Comment: the pair is under pressure and is approaching its next support.
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USD/JPY intraday: under pressure.
Pivot: 77.15.
Our Preference: SHORT positions below 77.15 with targets @ 76.75 & 76.55.
Alternative scenario: The upside penetration of 77.15 will call for a rebound towards 77.25 & 77.45.
Comment: the pair is under pressure and is approaching its next support.
Our Preference: SHORT positions below 77.15 with targets @ 76.75 & 76.55.
Alternative scenario: The upside penetration of 77.15 will call for a rebound towards 77.25 & 77.45.
Comment: the pair is under pressure and is approaching its next support.