USD/JPY may fall 35 - 65 pips
BY Trading Central
|November 21, 2024Intraday: under pressure.
Pivot
155.40
Our preference
Short positions below 155.40 with targets at 154.50 & 154.20 in extension.
Alternative scenario
Above 155.40 look for further upside with 155.90 & 156.30 as targets.
Comment
As long as 155.40 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
156.30
155.90
155.40
154.85 Last
154.50
154.20
153.80
Number of asterisks represents the strength of support and resistance levels.
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