Contributors Technical Analysis USD/JPY: Target 105.00

USD/JPY: Target 105.00

Pivot (invalidation): 104.50

Our preference Long positions above 104.50 with targets at 104.85 & 105.00 in extension.

Alternative scenario Below 104.50 look for further downside with 104.30 & 104.10 as targets.

Comment The RSI calls for a bounce.

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