8088948 11/8/2017 5:57 PM, USD/JPY Intraday: the downside prevails.


Pivot: 113.90


Our preference:

short positions below 113.90 with targets at 113.30 & 113.15 in extension.


Alternative scenario:

above 113.90 look for further upside with 114.15 & 114.30 as targets.


Comment:

the RSI is bearish and calls for further decline.


Supports and resistances:


114.30 *

114.15 *

113.90 **


113.62

Last

113.30 **

113.15 *

112.95 *