USD/JPY Analysis 2015.01.12(fxpro)
USD/JPY Intraday: the downside prevails.
Most Likely Scenario: Short positions below 119.1 with targets @ 118.05 & 117.3 in extension.
Alternative scenario: Above 119.1 look for further upside with 119.65 & 119.95 as targets.
Comment: The pair remains under pressure and is challenging its support.