USD/JPY Intraday: rebound.

USD/JPY Intraday: rebound.
Pivot: 111.05

Most likely scenario: long positions above 111.05 with targets at 111.75 & 112.15 in extension.

Alternative scenario: below 111.05 look for further downside with 110.75 & 110.35 as targets.

Comment: the RSI shows upside momentum.

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