Contributors Technical Analysis USD/JPY The Downside Prevails

USD/JPY The Downside Prevails

Pivot (invalidation): 110.60

Our preference Short positions below 110.60 with targets at 110.10 & 109.90 in extension.

Alternative scenario Above 110.60 look for further upside with 110.80 & 110.95 as targets.

Comment The RSI is bearish and calls for further downside.

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