USDJPY Mid-day Analysis 26 Jan 2018

Downside Prevails

Our Pivot: 109.74

Our Preference: Short sell below 109.19 with strict stop loss of 109.74 and target at 108.50 and 107.86.

Alternate Scenario: Upward penetration of 109.74 will call for 110.27.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances:.