USD/JPY Intraday: Trend at a crossroads
USD/JPY (USD/JPY)-0.470-0.29%
The downside prevails as long as 160.02 is resistance, with 159.23 and 159.04 as targets

Our pivot point is at 160.02.
Our preference: The downside prevails as long as 160.02 is resistance, with 159.23 and 159.04 as targets
Alternative scenario: above 160.02, look for 160.34 and 160.53.
Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
160.53 **
160.34 *
160.02 **
159.89 last
159.23
159.04 **
158.85 *
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