USD/JPY Intraday: watch 149.55.
Our preference: short positions below 149.85 with targets at 149.55 & 149.40 in extension.
Alternative scenario: above 149.85 look for further upside with 150.00 & 150.15 as targets.
Comment: a break below 149.55 would trigger a drop towards 149.40.
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.