Contributors Technical Analysis USD/JPY Capped By A Negative Trend Line

USD/JPY Capped By A Negative Trend Line

Pivot (invalidation): 111.20

Our preference Short positions below 111.20 with targets at 110.95 & 110.80 in extension.

Alternative scenario Above 111.20 look for further upside with 111.35 & 111.50 as targets.

Comment A break below 110.95 would trigger a drop towards 110.80

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