7865531 9/11/2017 11:33 PM, USD/JPY Intraday: supported by a rising trend line.


Pivot: 108.50


Our preference:

long positions above 108.50 with targets at 109.40 & 109.85 in extension.


Alternative scenario:

below 108.50 look for further downside with 108.25 & 108.05 as targets.


Comment:

the RSI is supported by a rising trend line. Prices are ranging within a bullish channel.


Supports and resistances:


110.20

109.85

109.40


109.15

Last

108.50

108.25

108.05