Contributors Technical Analysis USD/JPY 107.00 Expected

USD/JPY 107.00 Expected

Pivot (invalidation): 107.95

Our preference Short positions below 107.95 with targets at 107.35 & 107.00 in extension.

Alternative scenario Above 107.95 look for further upside with 108.20 & 108.50 as targets.

Comment The immediate trend remains down and the momentum is strong.

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