• USD/JPY Intraday: intraday support around 105.65.

    USD/JPY Intraday: intraday support around 105.65.

       
      Pivot: 105.65

    Most Likely Scenario: long positions above 105.65 with targets @ 106.55 & 107.00 in extension.

    Alternative scenario: below 105.65 look for further downside with 105.25 & 104.60 as targets.

    Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


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