USD\JPY

USD/JPY Intraday: continuation of the rebound.

Pivot: 111.35

Most likely scenario: long positions above 111.35 with targets at 111.70 & 111.85 in extension.

Alternative scenario: below 111.35 look for further downside with 111.20 & 111.00 as targets.

Comment: the RSI is mixed to bullish.

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