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Midday analysis  USD/JPY for Monday to Nov. 18, 2019



USD/JPY Intraday: turning down.

Pivot: 108.90


Our preference: short positions below 108.90 with targets at 108.50 & 108.35 in extension.

Alternative scenario: above 108.90 look for further upside with 109.05 & 109.15 as targets.

Comment: the RSI shows downside momentum.


Supports and resistances:

109.15
109.05
108.90
108.68 Last
108.50
108.35
108.20
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