8087838 11/8/2017 1:32 PM, USD/JPY Intraday: under pressure.


Pivot: 114.05


Our preference:

short positions below 114.05 with targets at 113.65 & 113.35 in extension.


Alternative scenario:

above 114.05 look for further upside with 114.30 & 114.70 as targets.


Comment:

as long as the resistance at 114.05 is not surpassed, the risk of the break below 113.65 remains high.


Supports and resistances:


114.70 *

114.30 *

114.05 **


113.91

Last

113.65 **

113.35 *

113.15 *