USDJPY Mid-day Analysis 15 March 2019

Under Pressure

Our Pivot: 112.06

Our Preference: Short sell below 111.78 with strict stop loss of 112.06 and target at 111.34 and 111.15.

Alternate Scenario: Upward penetration of 112.06 will call for 112.35.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances: