(03 JULY 2020)USD/JPY Under pressure.

(03 JULY 2020)USD/JPY Under pressure.

3 July 2020, 09:23
Jiming Huang
0
83

jp
Pivot
 (invalidation): 107.65
Our preference
Short positions below 107.65 with targets at 107.40 & 107.30 in extension.
Alternative scenario
Above 107.65 look for further upside with 107.80 & 108.00 as targets.
Comment
As Long as the resistance at 107.65 is not surpassed, the risk of the break below 107.40
remains high.

(By Swissquote TRADING CENTRAL)


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