Contributors Technical Analysis USD/JPY Key Resistance At 106.65

USD/JPY Key Resistance At 106.65

Pivot (invalidation): 106.65

Our preference Short positions below 106.65 with targets at 106.25 & 106.10 in extension.

Alternative scenario Above 106.65 look for further upside with 106.80 & 106.95 as targets.

Comment The upward potential is likely to be limited by the resistance at 106.65.

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