USD/JPY Intraday: under pressure.
Nov 21, 2024 5:04 AM
short positions below 155.55 with targets at 154.50 & 154.20 in extension.
Pivot: 155.55
Our preference:
short positions below 155.55 with targets at 154.50 & 154.20 in extension.
Alternative scenario:
above 155.55 look for further upside with 155.90 & 156.30 as targets.
Comment:
as long as 155.55 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
156.30
155.90
155.55
155.04 Last
154.50
154.20
153.80
Our preference:
short positions below 155.55 with targets at 154.50 & 154.20 in extension.
Alternative scenario:
above 155.55 look for further upside with 155.90 & 156.30 as targets.
Comment:
as long as 155.55 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
156.30
155.90
155.55
155.04 Last
154.50
154.20
153.80
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Related Instruments
USD/JPY
155.021
-0.452
-0.29%