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Home Contributors Technical Analysis USD/JPY: Bullish Bias Above 107.50

USD/JPY: Bullish Bias Above 107.50

Pivot (invalidation): 107.50

Our preference Long positions above 107.50 with targets at 107.70 & 107.80 in extension.

Alternative scenario Below 107.50 look for further downside with 107.40 & 107.30 as targets.

Comment Technically the RSI is above its neutrality area at 50.

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