USD/JPY Intraday: the upside prevails.
Long positions above 134.10 with targets at 134.70 & 135.00 in extension.
Search the original 112Brokers article archive. Original publication dates and article addresses are retained.
4081 articles · Page 183 of 341 · Original publication dates
Long positions above 134.10 with targets at 134.70 & 135.00 in extension.
Short positions below 1.2400 with targets at 1.2350 & 1.2330 in extension.
Short positions below 1.0960 with targets at 1.0905 & 1.0880 in extension.
Long positions above 0.6695 with targets at 0.6735 & 0.6750 in extension.
Short positions below 104.1000 with targets at 100.8000 & 99.3000 in extension.
Long positions above 0.8960 with targets at 0.9000 & 0.9020 in extension.
Alternative scenario: the downside breakout of 1.3318 would call for 1.3291 and 1.3276.
Alternative scenario: the upside breakout of 1.7711 would call for 1.7773 and 1.7810.
Our preference: the downside prevails as long as 147.41 is resistance.
Alternative scenario: the upside breakout of 166.80 would call for 167.43 and 167.81.
The MACD is positive and below its signal line.