• USD/JPY Intraday: bullish bias above 113.30.

    USD/JPY Intraday: bullish bias above 113.30.

     
      Pivot: 113.30

    Most Likely Scenario: long positions above 113.30 with targets @ 114.25 & 114.55 in extension.

    Alternative scenario: below 113.30 look for further downside with 112.70 & 112.20 as targets.

    Comment: the RSI lacks downward momentum.

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