(14 April 2020)USD/JPY Key resistance at 107.85.

(14 April 2020)USD/JPY Key resistance at 107.85.

14 April 2020, 09:09
Jiming Huang
0
81

jp
Pivot
 (invalidation): 107.85
Our preference
Short positions below 107.85 with targets at 107.45 & 107.25 in extension.
Alternative scenario
Above 107.85 look for further upside with 108.10 & 108.35 as targets.
Comment
As Long as the resistance at 107.85 is not surpassed, the risk of the break below 107.45
remains high.

(By Swissquote TRADING CENTRAL)

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