(16 January 2020)USD/JPY Key resistance at 110.00.

(16 January 2020)USD/JPY Key resistance at 110.00.

16 January 2020, 08:55
Jiming Huang
0
70

jp
Pivot
 (invalidation): 110.00
Our preference
Short positions below 110.00 with targets at 109.80 & 109.65 in extension.
Alternative scenario
Above 110.00 look for further upside with 110.10 & 110.20 as targets.
Comment
As Long as 110.00 is resistance, likely decline to 109.80.

(By Swissquote TRADING CENTRAL)

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