USD/JPY may rise to 149.35 - 152.00

Pivot

141.60

Our preference

Long positions above 141.60 with targets at 149.35 & 152.00 in extension.

Alternative scenario

Below 141.60 look for further downside with 140.25 & 137.70 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

154.60

152.00

149.35

149.25 Last

141.60

140.25

137.70

Number of asterisks represents the strength of support and resistance levels.