USD/JPY may fall 39 - 69 pips

Pivot

141.30

Our preference

Short positions below 141.30 with targets at 140.30 & 140.00 in extension.

Alternative scenario

Above 141.30 look for further upside with 141.75 & 142.20 as targets.

Comment

A break below 140.30 would trigger a drop towards 140.00.

Supports and resistances

142.20

141.75

141.30

140.69 Last

140.30

140.00

139.70

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