Tanalys

USD/JPY intraday: turning down.

Pivot: 99.45

Our preference: Short positions below 99.45 with targets @ 98 97.15 in extension.

Alternative scenario: Above 99.45 look for further upside with 100 100.8 as targets.

Comment: technically, the RSI is below its neutrality area at 50.

Key levels

100.8

100

99.45

98.92 last

98

97.15

95.8

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