(20 MAY 2020)USD/JPY Turning down.

(20 MAY 2020)USD/JPY Turning down.

20 May 2020, 09:20
Jiming Huang
0
90

jp
Pivot
 (invalidation): 108.00
Our preference
Short positions below 108.00 with targets at 107.60 & 107.35 in extension.
Alternative scenario
Above 108.00 look for further upside with 108.15 & 108.30 as targets.
Comment
The RSI calls for a new downleg

(By Swissquote TRADING CENTRAL)

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