USD/JPY may fall 18 - 48 pips.

USD/JPY may fall 18 - 48 pips.

Pivot 157.70
Our preference : Short positions below 157.70 with targets at 157.10 & 156.80 in extension.

Alternative scenario Above 157.70 look for further upside with 158.00 & 158.30 as targets.

Comment : A break below 157.10 would trigger a drop towards 156.80.