7987459 10/13/2017 2:38 PM, USD/JPY MT: under pressure.


Pivot: 118.50


Our preference:

short positions below 118.50 with targets at 105.50 & 99.00 in extension.


Alternative scenario:

above 118.50 look for further upside with 125.85 & 135.15 as targets.


Comment:

The pair stands within a trading range with a bearish bias.


Supports and resistances:


135.15

125.85

118.50


111.50

Last

105.50

99.00

95.00