(22 AUGUST 2019)USD/JPY Turning down.

(22 AUGUST 2019)USD/JPY Turning down.

22 August 2019, 09:06
Jiming Huang
0
46

JP
Pivot
 (invalidation): 106.65
Our preference
Short positions below 106.65 with targets at 106.30 & 106.10 in extension.
Alternative scenario
Above 106.65 look for further upside with 106.80 & 106.95 as targets.
Comment
The index currently faces a challenging resistance area at 106.65.

(By Swissquote TRADING CENTRAL)

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