USD/JPY Intraday: consolidation.

 

USD/JPY Intraday: consolidation.

Pivot:

113.85

Our preference:

Short positions below 113.85 with targets at 113.35 & 113.20 in extension.

Alternative scenario:

Above 113.85 look for further upside with 114.05 & 114.25 as targets.

Comment:

The RSI is mixed to bearish.

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