USDJPY Daily Chart : Further Downside.

Pivot : 115.50

Preference : short positions below 115.50 with targets at 109.75 & 107.40 in extension.

Alternative scenario: above 115.50 look for further upside with 118.50 & 121.75 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:
121.75 **
118.50 ***
115.50 ***
112.50 Last
109.75 **
107.40 ***
105.50 ***