USD/JPY may fall 37 - 62 pips

Pivot

144.75

Our preference

Short positions below 144.75 with targets at 143.95 & 143.70 in extension.

Alternative scenario

Above 144.75 look for further upside with 145.05 & 145.30 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

145.30

145.05

144.75

144.32 Last

143.95

143.70

143.45

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