JPY Trading Outlook (15-12-2015)

 

USD/JPY

Pivot: 121.35

Likely scenario: short positions below 121.35 with targets @ 120.55 & 120.15 in extension.

Alternative scenario: above 121.35 look for further upside with 121.85 & 122.25 as targets.

Comment: the RSI is mixed to bearish.

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