USD/JPY may fall 57 - 112 pips
BY Trading Central
|7 24, 2024Intraday: the downside prevails.
Pivot
155.35
Our preference
Short positions below 155.35 with targets at 153.80 & 153.25 in extension.
Alternative scenario
Above 155.35 look for further upside with 155.95 & 156.50 as targets.
Comment
The immediate trend remains down and the momentum is strong.
Supports and resistances
156.50
155.95
155.35
154.37 Last
153.80
153.25
152.85
Number of asterisks represents the strength of support and resistance levels.
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