7760426 8/12/2017 2:13 AM, USD/JPY Intraday: under pressure.


Pivot: 109.40


Our preference:

short positions below 109.40 with targets at 108.60 & 108.20 in extension.


Alternative scenario:

above 109.40 look for further upside with 109.75 & 110.15 as targets.


Comment:

the RSI is capped by a declining trend line.


Supports and resistances:


110.15

109.75

109.40


108.99

Last

108.60

108.20

108.00