7856817 9/8/2017 6:46 AM, USD/JPY Intraday: the downside prevails.


Pivot: 108.80


Our preference:

short positions below 108.80 with targets at 108.00 & 107.55 in extension.


Alternative scenario:

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


Comment:

the RSI is bearish and calls for further downside.


Supports and resistances:


109.80

109.40

108.80


108.33

Last

108.00

107.55

107.00