7646268 7/13/2017 3:16 PM, EUR/JPY Intraday: the downside prevails.


Pivot: 129.60


Our preference:

short positions below 129.60 with targets at 128.70 & 128.35 in extension.


Alternative scenario:

above 129.60 look for further upside with 129.80 & 130.10 as targets.


Comment:

the RSI is bearish and calls for further decline.


Supports and resistances:


130.10 *

129.80 *

129.60 **


128.88

Last

128.70 *

128.35 **

128.00 *