(03 March 2020)USD/JPY The downside prevails.

(03 March 2020)USD/JPY The downside prevails.

3 March 2020, 08:47
Jiming Huang
0
80

jpy
Pivot
 (invalidation): 108.15
Our preference
Short positions below 108.15 with targets at 107.35 & 107.00 in extension.
Alternative scenario
Above 108.15 look for further upside with 108.50 & 108.85 as targets.
Comment
The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL)

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