(05 JULY 2019)USD/JPY:Caution.

(05 JULY 2019)USD/JPY:Caution.

5 July 2019, 08:51
Jiming Huang
0
55

jp

Pivot (invalidation): 107.90

Our preference

Short positions below 107.90 with targets at 107.65 & 107.50 in extension.

Alternative scenario

Above 107.90 look for further upside with 108.10 & 108.25 as targets.

Comment

A break below 107.65 would trigger a drop towards 107.50.

(By Swissquote TRADING CENTRAL)

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