(25 February 2020)USD/JPY Bullish bias above 110.60.

(25 February 2020)USD/JPY Bullish bias above 110.60.

25 February 2020, 09:25
Jiming Huang
0
81

jp
Pivot
 (invalidation): 110.60
Our preference
Long positions above 110.60 with targets at 111.20 & 111.40 in extension.
Alternative scenario
Below 110.60 look for further downside with 110.30 & 110.05 as targets.
Comment
The break above 110.60 is a positive signal that has opened a path to 111.20

(By Swissquote TRADING CENTRAL)

Share it with friends: