(09 April 2020)USD/JPY The bias remains bullish.

(09 April 2020)USD/JPY The bias remains bullish.

9 April 2020, 09:07
Jiming Huang
0
83

jp
Pivot
 (invalidation): 108.75
Our preference
Long positions above 108.75 with targets at 109.10 & 109.25 in extension.
Alternative scenario
Below 108.75 look for further downside with 108.60 & 108.45 as targets.
Comment
The break above 108.75 is a positive signal that has opened a path to 109.10.

(By Swissquote TRADING CENTRAL)

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