USDJPY Mid-day Analysis 08 April 2019

Under Pressure

Our Pivot: 111.67

Our Preference: Short sell below 111.50 with strict stop loss of 111.67 and target at 111.23 and 111.90.

Alternate Scenario: Upward penetration of 111.67 will call for 111.90.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances: