Tanalys

USD/JPY Intraday: under pressure.

Pivot: 104.75

Our preference: Short positions below 104.75 with targets @ 104.05 103.8 in extension.

Alternative scenario: Above 104.75 look for further upside with 105.05 105.4 as targets.

Comment: the RSI is badly directed.

Supports and resistances:

105.4

105.05

104.75

104.185 Last

104.05

103.8

103.5

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