(10 February 2020)USD/JPY Turning up.

(10 February 2020)USD/JPY Turning up.

10 February 2020, 08:48
Jiming Huang
0
81

jp
Pivot
 (invalidation): 109.55
Our preference
Long positions above 109.55 with targets at 110.00 & 110.15 in extension.
Alternative scenario
Below 109.55 look for further downside with 109.30 & 109.10 as targets.
Comment
A support base at 109.55 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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