Contributors Technical Analysis USD/JPY Consolidation

USD/JPY Consolidation

Pivot (invalidation): 112.00

Our preference Short positions below 112.00 with targets at 111.60 & 111.30 in extension.

Alternative scenario Above 112.00 look for further upside with 112.15 & 112.40 as targets.

Comment The RSI is mixed to bearish.

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