(08 JULY 2020)USD/JPY Bullish bias above 107.50.

(08 JULY 2020)USD/JPY Bullish bias above 107.50.

8 July 2020, 09:12
Jiming Huang
0
85

j
Pivot
 (invalidation): 107.50
Our preference
Long positions above 107.50 with targets at 107.70 & 107.80 in extension.
Alternative scenario
Below 107.50 look for further downside with 107.40 & 107.30 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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