(04 MAY 2020)USD/JPY 106.35 expected.

(04 MAY 2020)USD/JPY 106.35 expected.

4 May 2020, 09:16
Jiming Huang
0
97

jp
Pivot
 (invalidation): 106.95
Our preference
Short positions below 106.95 with targets at 106.60 & 106.35 in extension.
Alternative scenario
Above 106.95 look for further upside with 107.20 & 107.40 as targets.
Comment
A break below 106.60 would trigger a drop towards 106.35

(By Swissquote TRADING CENTRAL)

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