JPY Trading Outlook (22-03-2016)

USD/JPY Intraday: caution.

Pivot: 111.95

Our preference: short positions below 111.95 with targets @ 111.20 & 111.00 in extension.

Alternative scenario: above 111.95 look for further upside with 112.30 & 113.05 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:
113.05
112.30
111.95
111.92 Last
111.20
111.00
110.60

Ticker : JPY
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