(19 MAY 2020)USD/JPY The bias remains bullish.

(19 MAY 2020)USD/JPY The bias remains bullish.

19 May 2020, 08:50
Jiming Huang
0
84

jp
Pivot
 (invalidation): 107.20
Our preference
Long positions above 107.20 with targets at 107.50 & 107.65 in extension.
Alternative scenario
Below 107.20 look for further downside with 107.05 & 106.85 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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