in ANALISA by hafid zaini

7988727 10/13/2017 6:28 PM, USD/JPY Intraday: capped by a negative trend line.


Pivot: 112.30


Our preference:

short positions below 112.30 with targets at 111.80 & 111.55 in extension.


Alternative scenario:

above 112.30 look for further upside with 112.60 & 112.80 as targets.


Comment:

the RSI lacks upward momentum.


Supports and resistances:


112.80

112.60

112.30


112.05

Last

111.80

111.55

111.45