(16 September 2019 )USD/JPY Key resistance at 107.95.

(16 September 2019 )USD/JPY Key resistance at 107.95.

16 September 2019, 09:54
Jiming Huang
0
42

jp
Pivot
 (invalidation): 107.95
Our preference
Short positions below 107.95 with targets at 107.45 & 107.20 in extension.
Alternative scenario
Above 107.95 look for further upside with 108.25 & 108.50 as targets.
Comment
As Long as the resistance at 107.95 is not surpassed, the risk of the break below 107.45
remains high.

(By Swissquote TRADING CENTRAL)


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