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Bohamadbah

USD/JPY Intraday: the upside prevails

U.S. Dollar / Japanese Yen (FX:USDJPY)  
Bohamadbah  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
Pivot:
129.40

Our preference:
Long positions above 129.40 with targets at 130.25 & 130.60 in extension.

Alternative scenario:
Below 129.40 look for further downside with 129.00 & 128.50 as targets.

Comment:
The RSI is mixed to bullish.
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