(18 MAY 2020)USD/JPY Turning down.

(18 MAY 2020)USD/JPY Turning down.

18 May 2020, 08:57
Jiming Huang
0
152

jp
Pivot
 (invalidation): 107.30
Our preference
Short positions below 107.30 with targets at 107.00 & 106.85 in extension.
Alternative scenario
Above 107.30 look for further upside with 107.45 & 107.60 as targets.
Comment
The RSI lacks upward momentu

(By Swissquote TRADING CENTRAL)

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