(23 April 2020)USD/JPY Bullish bias above 107.65.

(23 April 2020)USD/JPY Bullish bias above 107.65.

23 April 2020, 09:05
Jiming Huang
0
83

jp
Pivot
 (invalidation): 107.65
Our preference
Long positions above 107.65 with targets at 107.85 & 107.95 in extension.
Alternative scenario
Below 107.65 look for further downside with 107.50 & 107.35 as targets.
Comment
A support base at 107.65 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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