USD/JPY The Downside Prevails

<p>Pivot (invalidation): 111.25 Our preference Short positions below 111.25 with targets at 109.50 & 108.80 in extension. Alternative scenario Above 111.25 look for further upside with 112.00 & 112.65 as targets. Comment The RSI is bearish and calls for further downside.</p>
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