7641120 7/12/2017 6:49 PM, USD/JPY Intraday: the downside prevails.


Pivot: 113.95


Our preference:

short positions below 113.95 with targets at 113.10 & 112.80 in extension.


Alternative scenario:

above 113.95 look for further upside with 114.20 & 114.50 as targets.


Comment:

the break below 113.95 is a negative signal that has opened a path to 113.10.


Supports and resistances:


114.50 *

114.20 **

113.95 ***


113.49

Last

113.10 **

112.80 *

112.40 *