• USD/JPY Intraday: key resistance at 111.05.

      USD/JPY Intraday: key resistance at 111.05.


       
      Pivot: 111.05

    Most Likely Scenario: short positions below 111.05 with targets @ 110.25 & 109.50 in extension.

    Alternative scenario: above 111.05 look for further upside with 111.40 & 111.75 as targets.

    Comment: the RSI is badly directed.

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