Contributors Technical Analysis USD/JPY The Downside Prevails

USD/JPY The Downside Prevails

Pivot (invalidation): 108.15

Our preference Short positions below 108.15 with targets at 107.65 & 107.45 in extension.

Alternative scenario Above 108.15 look for further upside with 108.30 & 108.45 as targets.

Comment The RSI has broken down its 30 level.

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