USD/JPY may fall 50 - 85 pips
BY Trading Central
|October 31, 2024Intraday: under pressure.
Pivot
153.05
Our preference
Short positions below 153.05 with targets at 151.80 & 151.45 in extension.
Alternative scenario
Above 153.05 look for further upside with 153.55 & 153.85 as targets.
Comment
The RSI has broken down its 30 level.
Supports and resistances
153.85
153.55
153.05
152.30 Last
151.80
151.45
151.00
Number of asterisks represents the strength of support and resistance levels.
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