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analysing USD/JPY for Wednesday to Nov. 26, 2019



USD/JPY Intraday: the bias remains bullish.
Pivot: 108.85

Our preference: long positions above 108.85 with targets at 109.20 & 109.35 in extension.

Alternative scenario: below 108.85 look for further downside with 108.70 & 108.55 as targets.

Comment: the RSI is above its neutrality area at 50%.


Supports and resistances:

109.50
109.35
109.20
108.97 Last
108.85
108.70
108.55
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