(20 February 2020)USD/JPY Turning up.

(20 February 2020)USD/JPY Turning up.

20 February 2020, 08:47
Jiming Huang
0
69

jp
Pivot
 (invalidation): 111.10
Our preference
Long positions above 111.10 with targets at 111.60 & 111.80 in extension.
Alternative scenario
Below 111.10 look for further downside with 110.85 & 110.65 as targets.
Comment
A support base at 111.10 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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