USD/JPY Intraday: the bias remains bullish.

USD/JPY Intraday: the bias remains bullish.
Pivot: 110.80

Most likely scenario: long positions above 110.80 with targets at 111.45 & 111.80 in extension.

Alternative scenario: below 110.80 look for further downside with 110.45 & 110.25 as targets.

Comment: a support base at 110.80 has formed and has allowed for a temporary stabilisation.

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