USDJPY may rise 66 - 91 pips
Our preference
Long positions above 131.90 with targets at 133.45 & 133.70 in extension.
Alternative scenario
Below 131.90 look for further downside with 131.55 & 131.20 as targets.
Comment
The RSI shows upside momentum.
Daily and weekly charts are also bullish.
Our preference
Long positions above 131.90 with targets at 133.45 & 133.70 in extension.
Alternative scenario
Below 131.90 look for further downside with 131.55 & 131.20 as targets.
Comment
The RSI shows upside momentum.
Daily and weekly charts are also bullish.