7857000 9/8/2017 8:44 AM, USD/JPY Intraday: key resistance at 108.80.


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:

as long as 108.80 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


109.80

109.40

108.80


108.45

Last

108.00

107.55

107.00