7756568 8/11/2017 6:46 AM, USD/JPY Intraday: the downside prevails.


Pivot: 109.70


Our preference:

short positions below 109.70 with targets at 109.00 & 108.60 in extension.


Alternative scenario:

above 109.70 look for further upside with 110.15 & 110.50 as targets.


Comment:

a break below 109.00 would trigger a drop towards 108.60.


Supports and resistances:


110.50

110.15

109.70


109.16

Last

109.00

108.60

108.20