(19 JULY 2019)USD/JPY:Key resistance at 107.65.

(19 JULY 2019)USD/JPY:Key resistance at 107.65.

19 July 2019, 08:49
Jiming Huang
0
42

jp

Pivot (invalidation): 107.65

Our preference

Short positions below 107.65 with targets at 107.35 & 107.20 in extension.

Alternative scenario

Above 107.65 look for further upside with 107.85 & 108.05 as targets.

Comment

The upward potential is likely to be limited by the resistance at 107.65.

(By Swissquote TRADING CENTRAL)


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