USD/JPY Intraday: expect 158.00.

Pivot: 159.35

Our preference: short positions below 159.35 with targets at 158.00 & 157.65 in extension.

Alternative scenario: above 159.35 look for further upside with 159.65 & 160.00 as targets.

Comment: as long as 159.35 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

160.00

159.65

159.35

158.78 Last

158.00

157.65

157.30