(15 AUGUST 2019)USD/JPY:Capped by a negative trend line.

(15 AUGUST 2019)USD/JPY:Capped by a negative trend line.

15 August 2019, 09:19
Jiming Huang
0
50

jp


Pivot
 (invalidation): 106.20
Our preference
Short positions below 106.20 with targets at 105.60 & 105.30 in extension.
Alternative scenario
Above 106.20 look for further upside with 106.60 & 106.95 as targets.
Comment
A break below 105.60 would trigger a drop towards 105.30

(By Swissquote TRADING CENTRAL)

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