USDJPY Intra-day Analysis 26 August 2016

Under Pressure

Our Pivot: 100.72

Our Preference: Short sell below 100.52 with strict stop loss of 100.72 and target at 100.22 and 99.97.

Alternate Scenario: Upward penetration of 100.72 will call for 100.92.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances: