FXStreet (Guatemala) – Analysts at Rabobank noted the technical conditions surrounding USD/JPY.
Key Quotes:
“Pivot: 123.05
Most Likely Scenario: Short positions below 123.05 with targets @ 122.35 & 122.2 in extension.
Alternative scenario: Above 123.05 look for further upside with 123.25 & 123.4 as targets.
Comment: The RSI is mixed to bearish.”
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