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USD/JPY Intraday: under pressure

Nov 29, 2024 5:48 AM
short positions below 151.10 with targets at 149.50 & 148.80 in extension.
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Pivot: 151.10
Our preference:
short positions below 151.10 with targets at 149.50 & 148.80 in extension.
Alternative scenario:
above 151.10 look for further upside with 151.60 & 151.95 as targets.
Comment:
the RSI calls for a new downleg.
Supports and resistances:
151.95
151.60
151.10
150.09 Last
149.50
148.80
148.30
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

Related Instruments

USD/JPY
150.273
-0.268
-0.18%