USDJPY Mid-day Analysis 13 March 2019

Under Pressure

Our Pivot: 111.49

Our Preference: Short sell below 111.38 with strict stop loss of 111.49 and target at 111.18 and 111.06.

Alternate Scenario: Upward penetration of 111.49 will call for 111.65.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances: