• USD/JPY Intraday: the upside prevails


       
     Pivot: 101.65

    Most Likely Scenario: long positions above 101.65 with targets @ 102.85 & 103.90 in extension.

    Alternative scenario: below 101.65 look for further downside with 101.30 & 100.95 as targets.

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


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