7761091 8/14/2017 8:24 AM, USD/JPY ST: under pressure.


Pivot: 112.50


Our preference:

short positions below 112.50 with targets at 108.00 & 105.50 in extension.


Alternative scenario:

above 112.50 look for further upside with 114.55 & 116.90 as targets.


Comment:

the RSI lacks upward momentum.


Supports and resistances:


116.90 **

114.55 **

112.50 ***


109.40

Last

108.00 ***

105.50 ***

102.55 **