USD/JPY Long Trade

USD/JPY Long Trade


USD/JPY             Intraday: further upside.
Pivot: 113.00

Our preference: long positions above 113.00 with targets at 113.60 & 113.75 in extension.

Alternative scenario: below 113.00 look for further downside with 112.85 & 112.55 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
114.20
113.75
113.60
113.30 Last
113.00
112.85
112.55