USDJPY Mid-day Analysis 16 Jan 2020

Further Advance

Our Pivot:109.69

Our Preference: Buy above 109.91 with strict stop loss of 109.69 and target at 110.24 and 110.42.

Alternate Scenario: Downward penetration of 109.69 will call for 109.33.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.