Contributors Technical Analysis USD/JPY Turning Up

USD/JPY Turning Up

Pivot (invalidation): 111.10

Our preference Long positions above 111.10 with targets at 111.60 & 111.80 in extension.

Alternative scenario Below 111.10 look for further downside with 110.85 & 110.65 as targets.

Comment A support base at 111.10 has formed and has allowed for a temporary stabilisation.

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