(13 March 2020)USD/JPY Under pressure.

(13 March 2020)USD/JPY Under pressure.

13 March 2020, 08:51
Jiming Huang
0
72

jpy
Pivot
 (invalidation): 105.65
Our preference
Short positions below 105.65 with targets at 104.50 & 104.05 in extension.
Alternative scenario
Above 105.65 look for further upside with 106.10 & 106.65 as targets.
Comment
As Long as the resistance at 105.65 is not surpassed, the risk of the break below 104.50
remains high.

(By Swissquote TRADING CENTRAL)

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