(04 JUNE 2019)USD/JPY:Key resistance at 108.15.

(04 JUNE 2019)USD/JPY:Key resistance at 108.15.

4 June 2019, 09:29
Jiming Huang
0
53

jp

Pivot (invalidation): 108.15

Our preference

Short positions below 108.15 with targets at 107.80 & 107.55 in extension.

Alternative scenario

Above 108.15 look for further upside with 108.40 & 108.70 as targets.

Comment

A break below 107.80 would trigger a drop towards 107.55

(By Swissquote TRADING CENTRAL)

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