• USD/JPY Intraday: under pressure.

    USD/JPY Intraday: under pressure.

       
      Pivot: 106.40

    Most Likely Scenario: short positions below 106.40 with targets @ 105.65 & 105.30 in extension.

    Alternative scenario: above 106.40 look for further upside with 106.65 & 107.20 as targets.

    Comment: the RSI lacks upward momentum.

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