MARKET ANALYSIS - Intraday Analysis USD/JPY Upwards scenario: - TopicsExpress

MARKET ANALYSIS - Intraday Analysis USD/JPY Upwards scenario: Market remains sideways oriented. Next hurdle on the upside might be found at 99.05 (R1). Break here would open road towards to our interim aim at 99.33 (R2) and enable final intraday resistive measure at 99.58 (R3). Downwards scenario: On the other hand, our next support level aligns at 98.56 (S1) and possible price regress below it might encounter downside rally. In such scenario we would suggest next intraday targets to be placed at 98.25 (S2) and 97.97 (S3). Resistance Levels: 99.05, 99.33, 99.58 Support Levels: 98.56, 98.25, 97.97

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