(22 JULY 2020)USD/JPY 106.50 expected.

(22 JULY 2020)USD/JPY 106.50 expected.

22 July 2020, 09:32
Jiming Huang
0
60

jp
Pivot
 (invalidation): 106.90
Our preference
Short positions below 106.90 with targets at 106.65 & 106.50 in extension.
Alternative scenario
Above 106.90 look for further upside with 107.05 & 107.20 as targets.
Comment
A break below 106.65 would trigger a drop towards 106.50.

(By Swissquote TRADING CENTRAL)


Share it with friends: