7757797 8/11/2017 2:20 PM, USD/JPY Intraday: the downside prevails.


Pivot: 109.50


Our preference:

short positions below 109.50 with targets at 108.60 & 108.20 in extension.


Alternative scenario:

above 109.50 look for further upside with 109.85 & 110.15 as targets.


Comment:

the RSI lacks upward momentum.


Supports and resistances:


110.15

109.85

109.50


109.00

Last

108.60

108.20

108.00