USD/JPY Turning Up

Pivot (invalidation): 113.50

Our preference Long positions above 113.50 with targets at 114.05 & 114.25 in extension.

Alternative scenario Below 113.50 look for further downside with 113.30 & 113.05 as targets.

Comment The RSI has just landed on its neutrality area at 50% and is turning up.

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