8077059 11/6/2017 1:30 PM, USD/JPY Intraday: continuation of the rebound.


Pivot: 114.00


Our preference:

long positions above 114.00 with targets at 114.70 & 115.00 in extension.


Alternative scenario:

below 114.00 look for further downside with 113.60 & 113.30 as targets.


Comment:

the break above 114.00 is a positive signal that has opened a path to 114.70.


Supports and resistances:


115.30

115.00

114.70


114.30

Last

114.00

113.60

113.30