8075547 11/6/2017 8:36 AM, USD/JPY ST: the upside prevails.


Pivot: 111.00


Our preference:

long positions above 111.00 with targets at 116.00 & 118.65 in extension.


Alternative scenario:

below 111.00 look for further downside with 108.80 & 107.30 as targets.


Comment:

the RSI is bullish and calls for further upside.


Supports and resistances:


120.00 **

118.65 ***

116.00 ***


114.62

Last

111.00 ***

108.80 ***

107.30 ***