(14 February 2020)USD/JPY Key resistance at 109.90.

(14 February 2020)USD/JPY Key resistance at 109.90.

14 February 2020, 09:31
Jiming Huang
0
53

jp
Pivot
 (invalidation): 109.90
Our preference
Short positions below 109.90 with targets at 109.70 & 109.60 in extension.
Alternative scenario
Above 109.90 look for further upside with 110.00 & 110.10 as targets.
Comment
The upward potential is likely to be limited by the resistance at 109.9

(By Swissquote TRADING CENTRAL)

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