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analysing USD/JPY  for Mondayto Dec. 10, 2019



USD/JPY Intraday: the upside prevails.
Pivot: 108.50

Our preference: long positions above 108.50 with targets at 108.70 & 108.80 in extension.

Alternative scenario: below 108.50 look for further downside with 108.40 & 108.30 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

108.90
108.80
108.70
108.60 Last
108.50
108.40
108.30
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