Contributors Technical Analysis USD/JPY Turning Down

USD/JPY Turning Down

Pivot (invalidation): 113.20

Our preference Short positions below 113.20 with targets at 112.85 & 112.60 in extension.

Alternative scenario Above 113.20 look for further upside with 113.40 & 113.55 as targets.

Comment The break below 113.20 is a negative signal that has opened a path to 112.85.

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