USDJPY Intra-day Analysis 16 Jan 2020

Further Advance

Our Pivot:109.47

Our Preference: Buy above 109.77 with strict stop loss of 109.47 and target at 110.20 and 110.42.

Alternate Scenario: Downward penetration of 109.47 will call for 109.02.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.