(17 August 2020)USD/JPY Under pressure.

(17 August 2020)USD/JPY Under pressure.

17 August 2020, 09:09
Jiming Huang
0
70

jp
Pivot
 (invalidation): 106.70
Our preference
Short positions below 106.70 with targets at 106.40 & 106.20 in extension.
Alternative scenario
Above 106.70 look for further upside with 106.85 & 107.05 as targets.
Comment
A break below 106.40 would trigger a drop towards 106.20.

(By Swissquote TRADING CENTRAL)


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