7866022 9/12/2017 2:41 AM, USD/JPY Intraday: supported by a rising trend line.


Pivot: 108.70


Our preference:

long positions above 108.70 with targets at 109.85 & 110.20 in extension.


Alternative scenario:

below 108.70 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:


110.45

110.20

109.85


109.45

Last

108.70

108.25

108.05