7961508 10/6/2017 4:00 PM, USD/JPY Intraday: the upside prevails.


Pivot: 112.70


Our preference:

long positions above 112.70 with targets at 113.20 & 113.50 in extension.


Alternative scenario:

below 112.70 look for further downside with 112.40 & 112.20 as targets.


Comment:

the RSI shows upside momentum.


Supports and resistances:


113.80

113.50

113.20


113.00

Last

112.70

112.40

112.20