7874648 9/13/2017 6:58 PM, USD/JPY ST: under pressure.


Pivot: 112.25


Our preference:

short positions below 112.25 with targets at 105.50 & 102.55 in extension.


Alternative scenario:

above 112.25 look for further upside with 114.35 & 115.50 as targets.


Comment:

as long as 112.25 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


115.50 **

114.35 ***

112.25 ***


109.00

Last

105.50 ***

102.55 ***

100.00 **