USD/JPY may fall 27 - 57 pips

Pivot

144.75

Our preference

Short positions below 144.75 with targets at 144.20 & 143.90 in extension.

Alternative scenario

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

Comment

A break below 144.20 would trigger a drop towards 143.90.

Supports and resistances

145.30

145.05

144.75

144.47 Last

144.20

143.90

143.65

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