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Evening analysis  USD/JPY for  Wednesdayto Nov. 13, 2019




USD/JPY Intraday: key resistance at 108.85.
Pivot: 108.85

Our preference: short positions below 108.85 with targets at 108.60 & 108.45 in extension.

Alternative scenario: above 108.85 look for further upside with 109.00 & 109.15 as targets.

Comment: investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances:

109.15
109.00
108.85
108.83 Last
108.60
108.45
108.30

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