Tanalys

USD/JPY intraday: intraday support around 104.05.

Pivot: 104.05

Our preference: Long positions above 104.05 with targets @ 104.95 105.15 in extension.

Alternative scenario: Below 104.05 look for further downside with 103.8 103.35 as targets.

Comment: the RSI is mixed and calls for caution.

Key levels

105.4

105.15

104.95

104.24 last

104.05

103.8

103.35

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