(05 March 2020) USD/JPY Turning down.

(05 March 2020) USD/JPY Turning down.

5 March 2020, 08:54
Jiming Huang
0
89

jp
Pivot
 (invalidation): 107.70
Our preference
Short positions below 107.70 with targets at 107.10 & 106.80 in extension.
Alternative scenario
Above 107.70 look for further upside with 107.90 & 108.15 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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