Tanalys

USD/JPY intraday: under pressure.

Pivot: 93.65

Our preference: Short positions below 93.65 with targets @ 92.5 92.2 in extension.

Alternative scenario: Above 93.65 look for further upside with 93.85 94.4 as targets.

Comment: the pair is breaking below its support and should face further weakness towards its previous low.

Key levels

94.4

93.85

93.65

93.009 last

92.5

92.2

92

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