USD/JPY may fall 48 - 113 pips

Pivot

145.80

Our preference

Short positions below 145.80 with targets at 144.45 & 143.80 in extension.

Alternative scenario

Above 145.80 look for further upside with 146.60 & 147.30 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

147.30

146.60

145.80

144.93 Last

144.45

143.80

143.20

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