USD/JPY may fall 32 - 87 pips

Pivot

142.30

Our preference

Short positions below 142.30 with targets at 141.25 & 140.70 in extension.

Alternative scenario

Above 142.30 look for further upside with 142.70 & 143.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

143.00

142.70

142.30

141.57 Last

141.25

140.70

140.00

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