(06 April 2020)USD/JPY The upside prevails.

(06 April 2020)USD/JPY The upside prevails.

6 April 2020, 08:53
Jiming Huang
0
82

jp
Pivot
 (invalidation): 108.55
Our preference
Long positions above 108.55 with targets at 109.35 & 109.70 in extension.
Alternative scenario
Below 108.55 look for further downside with 108.25 & 108.00 as targets.
Comment
The break above 108.55 is a positive signal that has opened a path to 109.35.

(By Swissquote TRADING CENTRAL)

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