(23 November 2020)USD/JPY Key resistance at 103.90.

(23 November 2020)USD/JPY Key resistance at 103.90.

23 November 2020, 09:12
Jiming Huang
0
83

jp
Pivot
 (invalidation): 103.90
Our preference
Short positions below 103.90 with targets at 103.60 & 103.40 in extension.
Alternative scenario
Above 103.90 look for further upside with 104.05 & 104.20 as targets.
Comment
As Long as the resistance at 103.90 is not surpassed, the risk of the break below 103.60
remains high.

(By Swissquote TRADING CENTRAL)


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