USDJPY Intra-day Analysis 17 August 2016

Further Advance

Our Pivot: 100.15

Our Preference: Buy above 100.82 with strict stop loss of 100.15 and target at 101.52 and 101.80.

Alternate Scenario: Downward penetration of 100.15 will call for 99.53.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances: