Spreads
Spreads
Spreads
Spreads
Spreads
USDJPY Intraday: consolidation in place.
Pivot Level: 127.80
Our preference:
Short positions below 127.80 with targets at 127.30 & 127.10 in extension.
Alternative scenario:
Above 127.80 looks for further upside with 128.05 & 128.30 as targets.
Comment:
The RSI is mixed with a bearish bias.
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