USD/JPY may fall 82 - 152 pips

Intraday: towards 141.70.

Pivot

144.40

Our preference

Short positions below 144.40 with targets at 142.40 & 141.70 in extension.

Alternative scenario

Above 144.40 look for further upside with 144.90 & 145.50 as targets.

Comment

The RSI has just struck against its neutrality area at 50% and is reversing down.

Supports and resistances

145.50

144.90

144.40

143.22 Last

142.40

141.70

140.00

Number of asterisks represents the strength of support and resistance levels.

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