USD/JPY intraday: key ST resistance at 78.8.
Update on supports and resistances.
Pivot: 78.8
Our preference: Short positions below 78.8 with targets @ 78.4 & 78.25
in extension.
Alternative scenario: Above 78.8 look for further upside with 79 &
79.2 as targets.
Comment: as long as 78.8 is resistance, likely decline to 78.4.
Key levels
79.2
79
78.8
78.559 last
78.4
78.25
78
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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume
19.07.2012 22:46 Down
16.07.2012 22:45 Down
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