8080483 11/7/2017 3:23 AM, USD/JPY Intraday: break of a ST rising trendline support.


Pivot: 114.15


Our preference:

short positions below 114.15 with targets at 113.60 & 113.30 in extension.


Alternative scenario:

above 114.15 look for further upside with 114.40 & 114.70 as targets.


Comment:

the RSI has just broken below a rising trend line. Prices broke below a rising channel.


Supports and resistances:


114.70

114.40

114.15


113.79

Last

113.60

113.30

112.95