USD/JPY Intraday: key resistance at 131.30.
Short positions below 131.30 with targets at 130.30 & 130.00 in extension.
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Short positions below 131.30 with targets at 130.30 & 130.00 in extension.
Short positions below 1.2310 with targets at 1.2250 & 1.2225 in extension.
Short positions below 1.0870 with targets at 1.0800 & 1.0775 in extension.
Long positions above 0.9130 with targets at 0.9195 & 0.9215 in extension.
The configuration is negative.
Alternative scenario: below 1.3243, expect 1.3215 and 1.3199.
Alternative scenario: the downside breakout of 1.7297 would call for 1.7245 and 1.7213.
Alternative scenario: the downside breakout of 160.04 would call for 159.35 and 158.93.
The configuration is negative.
Alternative scenario: the upside breakout of 142.22 would call for 142.86 and 143.24.
Alternative scenario: the upside breakout of 87.73 would call for 88.12 and 88.36.
Alternative scenario: the upside breakout of 82.02 would call for 82.37 and 82.58.