USDJPY: 1 week Trend: Sideway, 1 month Trend: UP

Pivot: 111.74





Our preference: Short @ 111.64 with targets @ 110.83 & 110.48 in extension.

Alternative scenario: Above 111.74 look for further upside with 112.24 & 112.75 as targets.

Comment: the 30-min RSI is posting a bearish divergence calling for a downturn.





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