USD/JPY Key Resistance At 106.75

<p>Pivot (invalidation): 106.75 Our preference Short positions below 106.75 with targets at 106.45 & 106.25 in extension. Alternative scenario Above 106.75 look for further upside with 106.95 & 107.05 as targets. Comment Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.</p>
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