USD/JPY

2015-09-09

Pivot: 119.6

Our preference: Long positions above 119.6 with targets @ 120.65 & 121.05 in extension.

Alternative scenario: Below 119.6 look for further downside with 119.2 & 118.9 as targets.

Comment: The RSI is well directed.

Supports and resistances:
121.4 ***
121.05 ***
120.65 ***
120.2435 Last
119.6 ***
119.2 **
118.9 *