(24 JUNE 2019)USD/JPY:Key resistance at 107.45.

(24 JUNE 2019)USD/JPY:Key resistance at 107.45.

24 June 2019, 09:17
Jiming Huang
0
61

jpyy

Pivot (invalidation): 107.45

Our preference

Short positions below 107.45 with targets at 107.20 & 107.00 in extension.

Alternative scenario

Above 107.45 look for further upside with 107.70 & 107.85 as targets.

Comment

The upward potential is likely to be limited by the resistance at 107.45

(By Swissquote TRADING CENTRAL)

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