USD/JPY may fall 43 - 143 pips

Pivot

152.10

Our preference

Short positions below 152.10 with targets at 150.00 & 149.00 in extension.

Alternative scenario

Above 152.10 look for further upside with 153.15 & 153.80 as targets.

Comment

As long as the resistance at 152.10 is not surpassed, the risk of the break below 150.00 remains high.

Supports and resistances

153.80

153.15

152.10

150.43 Last

150.00

149.00

148.50

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