FX:USDJPY   U.S. Dollar/Japanese Yen
Pivot: 105.00

Most Likely Scenario: short positions below 105.00 with targets @ 103.70 & 103.20 in extension.

Alternative scenario: above 105.00 look for further upside with 105.60 & 106.00 as targets.

Comment: the upward potential is likely to be limited by the resistance at 105.00.

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