7857706 9/8/2017 12:04 PM, USD/JPY Intraday: 107.00 in sight.


Pivot: 108.80


Our preference:

short positions below 108.80 with targets at 107.55 & 107.00 in extension.


Alternative scenario:

above 108.80 look for further upside with 109.40 & 109.80 as targets.


Comment:

the RSI shows downside momentum.


Supports and resistances:


109.80

109.40

108.80


108.20

Last

107.55

107.00

106.50