(22 JUNE 2018)USD/JPY:Under pressure.

Under pressure.  

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 110.25

Our preference

Short positions below 110.25 with targets at 109.70 & 109.50 in extension.

Alternative scenario

Above 110.25 look for further upside with 110.55 & 110.75 as targets.

Comment

As Long as 110.25 is resistance, look for choppy price action with a bearish bias.