• USD/JPY Intraday: under pressure


             
          Pivot: 114.20

    Most Likely Scenario: short positions below 114.20 with targets at 112.55 & 112.10 in extension.

    Alternative scenario: above 114.20 look for further upside with 114.80 & 115.30 as targets.

    Comment: as long as 114.20 is resistance, likely decline to 112.55.





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