Tanalys

USD/JPY Intraday: key resistance at 108.

Pivot: 108

Our preference: Short positions below 108 with targets @ 107.6 107.35 in extension.

Alternative scenario: Above 108 look for further upside with 108.35 108.55 as targets.

Comment: The pair is rebounding and is challenging its resistance.

Supports and resistances:

108.55

108.35

108

107.925 Last

107.6

107.35

107.05

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