USD/JPY Intraday: supported by a rising trend line.
Our preference: long positions above 147.15 with targets at 147.65 & 147.85 in extension.
Alternative scenario: below 147.15 look for further downside with 146.90 & 146.65 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.