8090130 11/8/2017 10:55 PM, USD/JPY Intraday: the downside prevails.


Pivot: 113.70


Our preference:

short positions below 113.70 with targets at 113.30 & 113.15 in extension.


Alternative scenario:

above 113.70 look for further upside with 113.90 & 114.15 as targets.


Comment:

the break below 113.70 is a negative signal that has opened a path to 113.30.


Supports and resistances:


114.15 *

113.90 *

113.70 **


113.56

Last

113.30 **

113.15 *

112.95 *