USD/JPY may fall to 140.25 - 141.70

Pivot

155.25

Our preference

Short positions below 155.25 with targets at 141.70 & 140.25 in extension.

Alternative scenario

Above 155.25 look for further upside with 157.75 & 161.75 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

161.75

157.75

155.25

146.47 Last

141.70

140.25

137.70

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