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analysing USD/JPY  for Tuesday to Nov. 19, 2019



USD/JPY Intraday: the upside prevails.

Pivot: 108.50

Our preference: long positions above 108.50 with targets at 108.80 & 108.90 in extension.

Alternative scenario: below 108.50 look for further downside with 108.35 & 108.20 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

109.05
108.90
108.80
108.60 Last
108.50
108.35
108.20
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