Tanalys

USD/JPY intraday: caution.

Pivot: 93.4

Our preference: Short positions below 93.4 with targets @ 92.9 92.4 in extension.

Alternative scenario: Above 93.4 look for further upside with 93.85 94.4 as targets.

Comment: the pair is rebounding and is challenging its resistance, caution.

Key levels

94.4

93.85

93.4

93.378 last

92.9

92.4

92

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