The pair USD/JPY is still likely to fall. Estimated pivot point is at a level of 109.20.
Main scenario: short positions will be relevant from corrections below the level of 109.20 with a target of 104.58 – 100.67.
Alternative scenario:breakout and consolidation above the level of 109.20 will allow the pair to continue the rise up to the levels of 112.26 – 114.50.
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