7755369 8/10/2017 11:10 PM, USD/JPY Intraday: turning down.


Pivot: 109.80


Our preference:

short positions below 109.80 with targets at 109.05 & 108.80 in extension.


Alternative scenario:

above 109.80 look for further upside with 110.25 & 110.80 as targets.


Comment:

the RSI is capped by a declining trend line. Prices broke out of a symmetrical triangle.


Supports and resistances:


110.80

110.25

109.80


109.34

Last

109.05

108.80

108.50