7646581 7/13/2017 4:18 PM, USD/JPY Intraday: under pressure.


Pivot: 113.40


Our preference:

short positions below 113.40 with targets at 112.60 & 112.40 in extension.


Alternative scenario:

above 113.40 look for further upside with 113.70 & 113.95 as targets.


Comment:

the RSI is capped by a bearish trend line.


Supports and resistances:


113.95 *

113.70 **

113.40 ***


113.05

Last

112.60 **

112.40 *

112.15 *