USD/JPY Intraday: the downside prevails.

Date: 2018/12/06
Time: 11:02 (GMT +1)
Ticker: JPY
Last: 112.63
Pivot: 113.05
1st sup. 112.3
2nd sup. 112.0
3rd sup. 111.75
1st res. 113.05
2nd res. 113.25
3rd res. 113.5
Title:
Summary: Short positions below 113.05 with targets at 112.30 & 112.00 in extension.
Story: Pivot: 113.05

Our preference: short positions below 113.05 with targets at 112.30 & 112.00 in extension.

Alternative scenario: above 113.05 look for further upside with 113.25 & 113.50 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:
113.50
113.25
113.05
112.63 Last
112.30
112.00
111.75