USDJPY Intra-day Analysis 11 August 2016

Under Pressure

Our Pivot: 101.80

Our Preference: Short sell below 101.38 with strict stop loss of 101.80 and target at 100.87 and 100.67

Alternate Scenario: Upward penetration of 102.00 will call for 102.50.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances:

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