usd jpy intraday outlook for 16 oct 2015

usd jpy today trading at 119.1 with gain.
 
On daily chart price trend is bearish.
daily chart major indicators pattern is bullish.
Daily chart RSI is around 34 and heading higher.
 
usd jpy intraday support zones are 118.7 and 118.
usd jpy intraday resistance zones are 119.35 and 119.85.
 
For today, usd jpy trading call is
buy around 118.7 with stop loss
for target 119.35 and then 119.7.

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Pramod Baviskar

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