7966039 10/9/2017 2:18 PM, USD/JPY Intraday: under pressure.


Pivot: 112.85


Our preference:

short positions below 112.85 with targets at 112.30 & 112.00 in extension.


Alternative scenario:

above 112.85 look for further upside with 113.10 & 113.45 as targets.


Comment:

even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.


Supports and resistances:


113.45

113.10

112.85


112.60

Last

112.30

112.00

111.75