Contributors Technical Analysis USD/JPY The Upside Prevails

USD/JPY The Upside Prevails

Pivot (invalidation): 108.75

Our preference Long positions above 108.75 with targets at 109.20 & 109.45 in extension.

Alternative scenario Below 108.75 look for further downside with 108.55 & 108.30 as targets.

Comment The RSI lacks downward momentum.

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