(07 SEPTEMBER 2018)USD/JPY:Key resistance at 110.95.

Pivot (invalidation): 110.95

Our preference

Short positions below 110.95 with targets at 110.20 & 110.00 in extension.

Alternative scenario

Above 110.95 look for further upside with 111.15 & 111.40 as targets.

Comment

As Long as 110.95 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)