(25 March 2020)USD/JPY Rebound expected.

(25 March 2020)USD/JPY Rebound expected.

25 March 2020, 08:25
Jiming Huang
0
87

jp
Pivot
 (invalidation): 110.75
Our preference
Long positions above 110.75 with targets at 111.70 & 112.00 in extension.
Alternative scenario
Below 110.75 look for further downside with 110.40 & 110.05 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)

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