U.S. Dollar/Japanese YenFXCM
Description
⋅ reversal point is at 121.05
Our preference: SELL below 121.05 with targets 120.25 and 119.55 points.
Alternative scenario: The upside breakout level of 121.05 open the way to 121.5 and 121.9.
Analysis: RSI negatively directed.
Support and resistance levels:
121.9 **
121.5 ***
121.1 ***
120.6100 Closing Price
120.25 ***
119.55 ***
119.2 ***
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