USD/JPY Intraday: under pressure - Rabobank

FXStreet (Guatemala) - Analysts at Rabobank noted the technical conditions surrounding USD/JPY.

Key Quotes:

"Pivot: 123.05

Most Likely Scenario: Short positions below 123.05 with targets @ 122.35 & 122.2 in extension.

Alternative scenario: Above 123.05 look for further upside with 123.25 & 123.4 as targets.

Comment: The RSI is mixed to bearish."