(14 September 2020)USD/JPY The downside prevails.

(14 September 2020)USD/JPY The downside prevails.

14 September 2020, 09:26
Jiming Huang
0
80

jp
Pivot
 (invalidation): 106.20
Our preference
Short positions below 106.20 with targets at 106.00 & 105.90 in extension.
Alternative scenario
Above 106.20 look for further upside with 106.30 & 106.40 as targets.
Comment
As Long as 106.20 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)


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