USD/JPY Intraday: key resistance at 111.45.

USD/JPY Intraday: key resistance at 111.45.
Pivot: 111.45

Most likely scenario: short positions below 111.45 with targets at 110.75 & 110.35 in extension.

Alternative scenario: above 111.45 look for further upside with 111.80 & 112.15 as targets.

Comment: as long as the resistance at 111.45 is not surpassed, the risk of the break below 110.75 remains high.

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