(04 February 2020)USD/JPY The upside prevails.

(04 February 2020)USD/JPY The upside prevails.

4 February 2020, 08:57
Jiming Huang
0
77

jp
Pivot
 (invalidation): 108.55
Our preference
Long positions above 108.55 with targets at 108.80 & 108.95 in extension.
Alternative scenario
Below 108.55 look for further downside with 108.40 & 108.30 as targets.
Comment
The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)

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