Contributors Technical Analysis USD/JPY Rebound Expected

USD/JPY Rebound Expected

Pivot (invalidation): 110.75

Our preference Long positions above 110.75 with targets at 111.70 & 112.00 in extension.

Alternative scenario Below 110.75 look for further downside with 110.40 & 110.05 as targets.

Comment The RSI calls for a rebound.

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