(16 JULY 2020)USD/JPY The upside prevails.

(16 JULY 2020)USD/JPY The upside prevails.

16 July 2020, 09:17
Jiming Huang
0
77

jjjp
Pivot
 (invalidation): 106.80
Our preference
Long positions above 106.80 with targets at 107.10 & 107.20 in extension.
Alternative scenario
Below 106.80 look for further downside with 106.65 & 106.50 as targets.
Comment
The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)


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