USD/JPY The Bias Remains Bullish

<p>Pivot (invalidation): 107.60 Our preference Long positions above 107.60 with targets at 107.85 & 107.95 in extension. Alternative scenario Below 107.60 look for further downside with 107.50 & 107.35 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.</p>
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