7648770 7/14/2017 1:40 AM, CHF/JPY Intraday: capped by a negative trend line.


Pivot: 117.60


Our preference:

short positions below 117.60 with targets at 116.65 & 116.40 in extension.


Alternative scenario:

above 117.60 look for further upside with 117.90 & 118.75 as targets.


Comment:

the RSI advocates for further decline.


Supports and resistances:


118.75 *

117.90 **

117.60 **


117.05

Last

116.65 **

116.40 **

116.10 **