USD/JPY intraday: turning down.

Pivot: 160.10

Our preference: short positions below 160.10 with targets at 159.55 & 159.35 in extension.

Alternative scenario: above 160.10 look for further upside with 160.30 & 160.50 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:

160.50 **

160.30 **

160.10 ***

159.85 Last

159.55 ***

159.35 **

159.15 **