(07 October 2019 )USD/JPY Key resistance at 107.00.

(07 October 2019 )USD/JPY Key resistance at 107.00.

7 October 2019, 08:58
Jiming Huang
0
58

jp
Pivot
 (invalidation): 107.00
Our preference
Short positions below 107.00 with targets at 106.60 & 106.45 in extension.
Alternative scenario
Above 107.00 look for further upside with 107.15 & 107.30 as targets.
Comment
As Long as the resistance at 107.00 is not surpassed, the risk of the break below 106.60
remains high.

(By Swissquote TRADING CENTRAL)


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