• USD/JPY Intraday: key resistance at 109.30.


      USD/JPY Intraday: key resistance at 109.30.

       
      Pivot: 109.30

    Most Likely Scenario: short positions below 109.30 with targets @ 107.70 & 107.00 in extension.

    Alternative scenario: above 109.30 look for further upside with 109.95 & 110.50 as targets.

    Comment: the RSI lacks upward momentum.

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