USD/JPY Intraday: intraday support around 153.60.

Pivot: 153.60

Our preference: long positions above 153.60 with targets at 154.70 & 155.20 in extension.

Alternative scenario: below 153.60 look for further downside with 153.30 & 153.00 as targets.

Comment: a support base at 153.60 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

155.50

155.20

154.70

154.10 Last

153.60

153.30

153.00