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alexander.gorodynsky
Nov 10, 2015 9:43 AM

USDJPY 

U.S. Dollar/Japanese YenFXCM

Description

the pivot point is at the level of 122,6.

Our preference: BUY above 122,6 with target points and 123,6 124.

Alternative scenario: break down the level of 122,6 will open the way to 122 and 121,6.

Analysis: do not Even ruled out the possibility of continuing consolidation, it should be noted that it will be negligible.

The levels of support and resistance:
124,55 ***
124 **
123,6 ***
123,2150 closing Price
122,6 **
122 ***
121,6 **
Comments
Rajendram
USD/JPY Intraday: The Bias Remains Bullish.

Long Positions Above 122.65 With Targets @ 123.6 & 124 In Extension.
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