24.04.2012 02:05 GMT+1 - USD/JPY intraday: the downside prevails.


Pivot: 81.25
Our preference: Short positions below 81.25 with targets @ 80.85 & 80.6 in extension.
Alternative scenario: Above 81.25 look for further upside with 81.4 & 81.65 as targets.
Comment: the pair is posting a rebound but stands below its resistance.

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