USD/JPY Intraday: further upside.

2016-10-06

Pivot: 103.00

Our preference: long positions above 103.00 with targets at 104.00 & 104.30 in extension.

Alternative scenario: below 103.00 look for further downside with 102.65 & 102.00 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
104.85 ***
104.30 ***
104.00 ***
103.58 Last
103.00 ***
102.65 ***
102.00 ***