USD/JPY Intraday: the downside prevails.

USD/JPY Intraday: the downside prevails.
Pivot: 112.70

Most likely scenario: short positions below 112.70 with targets at 112.20 & 112.00 in extension.

Alternative scenario: above 112.70 look for further upside with 112.85 & 113.05 as targets.

Comment: the RSI shows downside momentum.

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