(06 March 2020)USD/JPY The downside prevails.

(06 March 2020)USD/JPY The downside prevails.

6 March 2020, 08:47
Jiming Huang
0
77

jp
Pivot
 (invalidation): 106.45
Our preference
Short positions below 106.45 with targets at 105.50 & 105.00 in extension.
Alternative scenario
Above 106.45 look for further upside with 106.75 & 107.00 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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