(01 April 2020)USD/JPY Key resistance at 108.10.

(01 April 2020)USD/JPY Key resistance at 108.10.

1 April 2020, 09:01
Jiming Huang
0
92

jp
Pivot
 (invalidation): 108.10
Our preference
Short positions below 108.10 with targets at 107.25 & 106.90 in extension.
Alternative scenario
Above 108.10 look for further upside with 108.70 & 109.05 as targets.
Comment
The upward potential is likely to be limited by the resistance at 108.10.

(By Swissquote TRADING CENTRAL)

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