USD/JPY may fall 82 - 152 pips
BY Trading Central
|September 5, 2024Intraday: towards 141.70.
Pivot
144.40
Our preference
Short positions below 144.40 with targets at 142.40 & 141.70 in extension.
Alternative scenario
Above 144.40 look for further upside with 144.90 & 145.50 as targets.
Comment
The RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances
145.50
144.90
144.40
143.22 Last
142.40
141.70
140.00
Number of asterisks represents the strength of support and resistance levels.
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