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USD/JPY INTRADAY: INTRADAY SUPPORT AROUND 109.40.
USD/JPY INTRADAY: INTRADAY SUPPORT AROUND 109.40.Pivot: 109.40
preference: long positions above 109.40 with targets at 110.00 & 110.25 in extension.
Alternative scenario: below 109.40 look for further downside with 109.15 & 108.85 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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