(22 November 2019)USD/JPY Key resistance at 108.70.

(22 November 2019)USD/JPY Key resistance at 108.70.

22 November 2019, 08:54
Jiming Huang
0
67

jp
Pivot
 (invalidation): 108.70
Our preference
Short positions below 108.70 with targets at 108.45 & 108.25 in extension.
Alternative scenario
Above 108.70 look for further upside with 108.85 & 109.00 as targets.
Comment
The upward potential is likely to be limited by the resistance at 108.70.

(By Swissquote TRADING CENTRAL)

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