(26 August 2020)USD/JPY Key resistance at 106.55.

(26 August 2020)USD/JPY Key resistance at 106.55.

26 August 2020, 09:19
Jiming Huang
0
85

jp
Pivot
 (invalidation): 106.55
Our preference
Short positions below 106.55 with targets at 106.30 & 106.15 in extension.
Alternative scenario
Above 106.55 look for further upside with 106.70 & 106.85 as targets.
Comment
The upward potential is likely to be limited by the resistance at 106.55.

(By Swissquote TRADING CENTRAL)


Share it with friends: