(15 MAY 2020)USD/JPY Turning down.

(15 MAY 2020)USD/JPY Turning down.

15 May 2020, 08:51
Jiming Huang
0
86

jp
Pivot
 (invalidation): 107.40
Our preference
Short positions below 107.40 with targets at 107.10 & 106.95 in extension.
Alternative scenario
Above 107.40 look for further upside with 107.60 & 107.75 as targets.
Comment
The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)

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