USD/JPY

2015-09-18

Pivot: 119.9

Our preference: Short positions below 119.9 with targets @ 118.8 & 118.25 in extension.

Alternative scenario: Above 119.9 look for further upside with 120.4 & 120.75 as targets.

Comment: The immediate trend remains down and the momentum is strong.

Supports and resistances:
120.75 **
120.4 **
119.9 ***
119.1500 Last
118.8 **
118.25 *
117.75 *