8093953 11/9/2017 3:54 PM, USD/JPY Intraday: under pressure.


Pivot: 114.00


Our preference:

short positions below 114.00 with targets at 113.30 & 113.15 in extension.


Alternative scenario:

above 114.00 look for further upside with 114.30 & 114.50 as targets.


Comment:

the RSI is bearish and calls for further decline. The pair is trading in a bearish channel.


Supports and resistances:


114.50 *

114.30 *

114.00 **


113.50

Last

113.30 **

113.15 *

112.95 *