Contributors Technical Analysis USD/JPY Turning Up

USD/JPY Turning Up

Pivot (invalidation): 108.30

Our preference Long positions above 108.30 with targets at 108.60 & 108.70 in extension.

Alternative scenario Below 108.30 look for further downside with 108.15 & 108.00 as targets.

Comment The RSI calls for a rebound. The pair has swung to the upper Bollinger band from the lower one.

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