USD/JPY Intraday: continuation of the rebound.

USDJPY

Trading Central 2021-02-24 09:37:06

Pivot: 105.10

Our preference: long positions above 105.10 with targets at 105.45 & 105.65 in extension.

Alternative scenario: below 105.10 look for further downside with 104.90 & 104.75 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:

105.85

105.65

105.45

105.35 Last

105.10

104.90

104.75

Disclaimer

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.