(17 March 2020)USD/JPY Bullish bias above 106.15.

(17 March 2020)USD/JPY Bullish bias above 106.15.

17 March 2020, 09:00
Jiming Huang
0
73

jp
Pivot
 (invalidation): 106.15
Our preference
Long positions above 106.15 with targets at 107.10 & 107.55 in extension.
Alternative scenario
Below 106.15 look for further downside with 105.55 & 105.10 as targets.
Comment
A support base at 106.15 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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