USD/JPY Intraday: key resistance at 149.85.
Our preference: short positions below 149.85 with targets at 149.40 & 149.25 in extension.
Alternative scenario: above 149.85 look for further upside with 150.00 & 150.15 as targets.
Comment: as long as 149.85 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
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