USDJPY Mid-day Analysis 28 March 2018

Downside Prevails

Our Pivot: 105.82

Our Preference: Short sell below 105.56 with strict stop loss of 105.82 and target at 105.14 and 104.90.

Alternate Scenario: Upward penetration of 105.82 will call for 106.10

NOTE: Capped by a negative trend line

Chart with Supports and Resistances: