USD/JPY Intraday: further advance.

2016-10-04

Pivot: 101.50

Our preference: long positions above 101.50 with targets @ 102.45 & 102.80 in extension.

Alternative scenario: below 101.50 look for further downside with 101.25 & 100.90 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:
103.15 ***
102.80 ***
102.45 ***
102.22 Last
101.50 ***
101.25 ***
100.90 ***