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analysing USD/JPY for Mondayto Nov. 11, 2019




USD/JPY Intraday: the downside prevails.
Pivot: 109.10

Our preference: short positions below 109.10 with targets at 108.90 & 108.75 in extension.

Alternative scenario: above 109.10 look for further upside with 109.25 & 109.45 as targets.

Comment: the RSI is bearish and calls for further decline.


Supports and resistances:

109.45
109.25
109.10
108.95 Last
108.90
108.75
108.65

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