in ANALISA by hafid zaini

8368370 1/24/2018 7:36 AM, USD/JPY Intraday: the downside prevails.


Pivot: 110.55


Our preference:

short positions below 110.55 with targets at 109.85 & 109.50 in extension.


Alternative scenario:

above 110.55 look for further upside with 110.90 & 111.25 as targets.


Comment:

the RSI is bearish and calls for further decline.


Supports and resistances:


111.25

110.90

110.55


110.13

Last

109.85

109.50

109.20