Contributors Technical Analysis USD/JPY Turning Up

USD/JPY Turning Up

Pivot (invalidation): 110.90

Our preference Long positions above 110.90 with targets at 111.20 & 111.35 in extension.

Alternative scenario Below 110.90 look for further downside with 110.80 & 110.65 as targets.

Comment The RSI has just broken above a bearish trend line.

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