Our preference: LONG positions above 79.9 with 80.35 & 80.6 as next targets.
Alternative scenario: The downside breakout of 79.9 will open the way to 79.65 & 79.4.
Comment: the pair is facing a pull back on its support.
USD/JPY intraday: the upside prevails. 26/10/12
Pivot: 79.90.
Our preference: LONG positions above 79.9 with 80.35 & 80.6 as next targets.
Alternative scenario: The downside breakout of 79.9 will open the way to 79.65 & 79.4.
Comment: the pair is facing a pull back on its support.
Our preference: LONG positions above 79.9 with 80.35 & 80.6 as next targets.
Alternative scenario: The downside breakout of 79.9 will open the way to 79.65 & 79.4.
Comment: the pair is facing a pull back on its support.
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