USDJPY - Intraday - We look to Sell at 109.07 (stop at 109.32)
Broke the sequence of 2 negative daily performances. Selling posted in Asia. The rally is close to an exhaustion count on the intraday chart. The 50% Fibonacci retracement is located at 109.07 from 109.72 to 108.42. Previous resistance located at 109.07. Our profit targets will be 108.24 and 108.00