7751905 8/10/2017 6:46 AM, USD/JPY Intraday: under pressure.


Pivot: 110.20


Our preference:

short positions below 110.20 with targets at 109.75 & 109.50 in extension.


Alternative scenario:

above 110.20 look for further upside with 110.50 & 110.80 as targets.


Comment:

as long as the resistance at 110.20 is not surpassed, the risk of the break below 109.75 remains high.


Supports and resistances:


110.80

110.50

110.20


109.95

Last

109.75

109.50

109.30