USD/JPY Intraday: under pressure.

USD/JPY (USD/JPY)
+0.041+0.03%
short positions below 148.60 with targets at 146.50 & 146.00 in extension.
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Pivot: 148.60

Our preference: short positions below 148.60 with targets at 146.50 & 146.00 in extension.

Alternative scenario: above 148.60 look for further upside with 149.10 & 149.55 as targets.

Comment: the break below 148.60 is a negative signal that has opened a path to 146.50.

Supports and resistances:
149.55
149.10
148.60
147.54 Last
146.50
146.00
145.50

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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