USD/JPY may rise 48 - 83 pips
BY Trading Central
|6 28, 2024Intraday: the upside prevails.
Pivot
160.65
Our preference
Long positions above 160.65 with targets at 161.50 & 161.85 in extension.
Alternative scenario
Below 160.65 look for further downside with 160.30 & 160.00 as targets.
Comment
The immediate trend remains up and the momentum is strong.
Supports and resistances
162.20
161.85
161.50
161.02 Last
160.65
160.30
160.00
Number of asterisks represents the strength of support and resistance levels.
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