in ANALISA by hafid zaini

7976944 10/11/2017 3:02 PM, USD/JPY ST: capped by a negative trend line.


Pivot: 114.35


Our preference:

short positions below 114.35 with targets at 108.80 & 107.30 in extension.


Alternative scenario:

above 114.35 look for further upside with 116.00 & 118.65 as targets.


Comment:

the upward potential is likely to be limited by the resistance at 114.35.


Supports and resistances:


118.65 ***

116.00 **

114.35 ***


111.30

Last

108.80 ***

107.30 ***

105.50 **