Senin, 04 Februari 2013

USD/JPY intraday: the bias remains bullish

04.02.2013 11:41 GMT+1 - USD/JPY intraday: the bias remains bullish.

Pivot: 92.3
Our preference: Long positions above 92.3 with targets @ 93.3 & 93.65 in extension.
Alternative scenario: Below 92.3 look for further downside with 91.75 & 91.25 as targets.
Comment: the pair stands above its new support and remains on the upside as the RSI stands above its neutral area.