USDJPY Intra-day Analysis 20 July 2016

Further Advance

Our Pivot: 105.55

Our Preference: Buy above 105.85 with strict stop loss of 105.55 and target at 106.52 and 106.80.

Alternate Scenario: Downward penetration of 105.55 will call for 105.25.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances