USD/JPY: Under Pressure

<p>Pivot (invalidation): 107.05 Our preference Short positions below 107.05 with targets at 106.70 & 106.50 in extension. Alternative scenario Above 107.05 look for further upside with 107.20 & 107.30 as targets. Comment As Long as the resistance at 107.05 is not surpassed, the risk of the break below 106.70 remains high.</p>
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