Tanalys

USD/JPY Intraday: the upside prevails.

Pivot: 104.2

Our preference: Long positions above 104.2 with targets @ 104.8 104.95 in extension.

Alternative scenario: Below 104.2 look for further downside with 104 103.8 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

105.4

104.95

104.8

104.67 Last

104.2

104

103.8

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