Contributors Technical Analysis USD/JPY: Under Pressure

USD/JPY: Under Pressure

Pivot (invalidation): 105.20

Our preference Short positions below 105.20 with targets at 104.65 & 104.40 in extension.

Alternative scenario Above 105.20 look for further upside with 105.40 & 105.65 as targets.

Comment The RSI has broken down its 30 level.

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