USDJPY Intra-day Analysis 07 Aug 2020

Further Advance

Our Pivot:105.27

Our Preference: Buy above 105.45 with strict stop loss of 105.27 and target at 105.89 and 106.06.

Alternate Scenario: Downward penetration of 105.27 will call for 104.95.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.