USD/JPY Intraday: under pressure.

 

USD/JPY Intraday: under pressure.

Pivot:

113.90

Our preference:

Short positions below 113.90 with targets at 113.20 & 113.00 in extension.

Alternative scenario:

Above 113.90 look for further upside with 114.15 & 114.30 as targets.

Comment:

The RSI has broken down its 30 level.

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