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 analysing USD/JPY  for Fridayto Nov. 15, 2019




USD/JPY Intraday: continuation of the rebound.
Pivot: 108.50

Our preference: long positions above 108.50 with targets at 108.85 & 109.00 in extension.

Alternative scenario: below 108.50 look for further downside with 108.35 & 108.25 as targets.

Comment: the break above 108.50 is a positive signal that has opened a path to 108.85.

Supports and resistances:

109.15
109.00
108.85
108.70 Last
108.50
108.35
108.25

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