Tanalys

USD/JPY Intraday: key resistance at 108.55.

Pivot: 108.55

Our preference: Short positions below 108.55 with targets @ 107.65 107.4 in extension.

Alternative scenario: Above 108.55 look for further upside with 108.8 109.25 as targets.

Comment: The pair remains under pressure and is approaching its previous low.

Supports and resistances:

109.25

108.8

108.55

107.865 Last

107.65

107.4

107

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